May 17, 2023  Terry’s Tips Trade Alert – Honey  Badger Portfolio

May 17, 2023  Terry’s Tips Trade Alert – Honey  Badger  Portfolio
 
We are raising delta:   


BTO 1 QQQ 21Jul23 330 put (QQQ230721P330)
STO 1 QQQ 26May23 328 put (QQQ230526P328) for a debit of $6.85 (buying a diagonal) 

BTC 1 QQQ 26May23 323 call (QQQ230526C323)
STO 1 QQQ 26May23 332 call (QQQ230526C332) for a debit of $6.70 (buying a vertical) (50%) 

BTC 1 QQQ 26May23 323 call (QQQ230526C323)
STO 1 QQQ 26May23 335 call (QQQ230526C335) for a debit of $8.10 (buying a vertical) (100%) 

BTC 1 QQQ 26May23 315 put (QQQ230526P315)
STO 1 QQQ 26May23 331 put (QQQ230526P331) for a credit of $2.50 (selling a vertical) (100%)  

BTO 1 QQQ 21Jul23 331 put (QQQ230721P331)
STC 1 QQQ 21Jul23 325 put (QQQ230721P325) for a debit of $2.00 (buying a vertical) (50%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Jon