August 5, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
We will start rolling out short puts to raise delta:  

BTC 1 QQQ 06Aug21 361 put (QQQ210806P361)
STO 1 QQQ 13Aug21 367.5 put (QQQ210813P367.5) for a credit of $2.15 (selling a diagonal) (100%)

BTO 2 QQQ 17Sep21 369 puts (QQQ210917P369)
STC 2 QQQ 17Sep21 362 puts (QQQ210917P362) for a debit of $2.35 (buying a vertical) (100%)

BTC 1 QQQ 06Aug21 362 put (QQQ210806P362)
STO 1 QQQ 13Aug21 369 put (QQQ210813P369) for a credit of $2.65 (selling a diagonal) (100%)

BTC 1 QQQ 06Aug21 363 put (QQQ210806P363)
STO 1 QQQ 13Aug21 365 put (QQQ210813P365) for a credit of $1.45 (selling a diagonal) (100%)


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

Happy trading.

Terry