May 18, 2023  Terry’s Tips Trade Alert – Honey  Badger Portfolio

May 18, 2023  Terry’s Tips Trade Alert – Honey  Badger  Portfolio
 
We are raising delta:   


BTC 1 QQQ 26May23 318 put (QQQ230526P318)
STO 1 QQQ 26May23 334 put (QQQ230526P334) for a credit of $2.00 (selling a vertical) (100%)  

BTO 1 QQQ 21Jul23 335 put (QQQ230721P335)
STC 1 QQQ 21Jul23 320 put (QQQ230721P320) for a debit of $4.05 (buying a vertical) (50%)

BTC 1 QQQ 26May23 326 call (QQQ230526C326)
STC 1 QQQ 21Jul23 325 call (QQQ230721C325) for a credit of $7.90 (selling a diagonal) (50%) 

BTC 1 QQQ 26May23 326 call (QQQ230526C323)
STO 1 QQQ 26May23 338 call (QQQ230526C338) for a debit of $8.80 (buying a vertical) (100%) 

BTC 1 QQQ 26May23 329 call (QQQ230526C329)
STO 1 QQQ 26May23 341 call (QQQ230526C341) for a debit of $7.40 (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