May 13, 2025 Terry’s Tips Trade Alert – Honey Badger Portfolio
We are raising delta:
BTO 1 QQQ 18Jul25 500 put (QQQ250718P500)
STC 1 QQQ 18Jul25 475 put (QQQ250718P475) for a debit of $4.80 (selling a vertical)
BTC 1 QQQ 23May25 485 put (QQQ250523P485)
STC 1 QQQ 18Jul25 485 put (QQQ250718P485) for a credit of $6.35 (selling a calendar)
BTO 1 QQQ 18Jul25 510 put (QQQ250718P510)
STO 1 QQQ 23May25 510 put (QQQ250523P510) for a debit of $9.20 (buying a calendar)
BTC 1 QQQ 23May25 510 call (QQQ250523C510)
STO 1 QQQ 23May25 525 call (QQQ250523C525) for a debit of $7.95 (buying a vertical)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading,
Jon
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