April 6, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
We are resuming with our QQQ spreads. We are opting to go with the 16 Apr series for the short options to reduce the spread cost:

BTO 1 QQQ 18Jun21 332 call (QQQ210618C332)
STO 1 QQQ 16Apr21 332 call (QQQ210416C332) for a debit of $8.15 (buying a calendar)

BTO 1 QQQ 18Jun21 334 call (QQQ210618C334)
STO 1 QQQ 16Apr21 334 call (QQQ210416C334) for a debit of $8.00 (buying a calendar)

BTO 1 QQQ 18Jun21 336 call (QQQ210618C336)
STO 1 QQQ 16Apr21 336 call (QQQ210416C336) for a debit of $7.70 (buying a calendar)

BTO 1 QQQ 18Jun21 338 call (QQQ210618C338)
STO 1 QQQ 16Apr21 338 call (QQQ210416C338) for a debit of $7.40 (buying a calendar)

BTO 1 QQQ 18Jun21 340 call (QQQ210618C340)
STO 1 QQQ 16Apr21 340 call (QQQ210416C340) for a debit of $6.95 (buying a calendar)

BTO 1 QQQ 18Jun21 331 put (QQQ210618P331)
STO 1 QQQ 16Apr21 331 put (QQQ210416P331) for a debit of $8.10 (buying a calendar)

BTO 1 QQQ 18Jun21 329 put (QQQ210618P329)
STO 1 QQQ 16Apr21 329 put (QQQ210416P329) for a debit of $8.10 (buying a calendar)

BTO 1 QQQ 18Jun21 327 put (QQQ210618P327)
STO 1 QQQ 16Apr21 327 put (QQQ210416P327) for a debit of $8.05 (buying a calendar)

BTO 1 QQQ 18Jun21 325 put (QQQ210618P325)
STO 1 QQQ 16Apr21 325 put (QQQ210416P325) for a debit of $7.85 (buying a calendar)

BTO 1 QQQ 18Jun21 323 put (QQQ210618P323)
STO 1 QQQ 16Apr21 323 put (QQQ210416P323) for a debit of $7.65 (buying a calendar)


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

Happy trading.

Terry