August 16, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
We need to reduce delta:

BTC 1 QQQ 20Aug21 369 put (QQQ210820P369)
STO 1 QQQ 20Aug21 361 put (QQQ210820P361) for a debit of $3.65 (buying a vertical) (100%)

BTC 1 QQQ 20Aug21 368 put (QQQ210820P368)
STO 1 QQQ 20Aug21 360 put (QQQ210820P360) for a debit of $3.15 (buying a vertical) (100%)

BTO 2 QQQ 15Oct21 361 puts (QQQ211015P361)
STC 2 QQQ 17Sep21 369 puts (QQQ210917P369) for a debit of $0.70 (buying a diagonal) (100%)

BTC 1 QQQ 20Aug21 373 call (QQQ210820C373)
STC 1 QQQ 15Oct21 372 call (QQQ211015C372) for a credit of $6.85 (selling a diagonal) (100%)

BTC 1 QQQ 20Aug21 372 call (QQQ210820C372)
STO 1 QQQ 20Aug21 365 call (QQQ210820C365) for a credit of $2.05 (selling a vertical) (100%)

BTO 1 QQQ 15Oct21 360 call (QQQ211015C360)
STC 1 QQQ 15Oct21 371 call (QQQ211015C371) for a debit of $6.50 (buying a vertical) (50%)

BTC 1 QQQ 20Aug21 371 call (QQQ210820C371)
STO 1 QQQ 20Aug21 364 call (QQQ210820C364) for a credit of $2.50 (selling a vertical) (100%)


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

Happy trading.

Terry