February 1, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
We need to increase delta:

BTC 1 QQQ 05Feb21 311 put (QQQ210205P311)
STO 1 QQQ 05Feb21 320 put (QQQ210205P320) for a credit of $1.80 (selling a vertical) (100%)

BTO 1 QQQ 16Apr21 320 put (QQQ210416P320)
STC 1 QQQ 16Apr21 316 put (QQQ210416P316) for a debit of $1.50 (buying a vertical) (100%)

BTC 1 QQQ 05Feb21 317 call (QQQ210205C317)
STO 1 QQQ 05Feb21 325 call (QQQ210205C325) for a debit of $5.30 (buying a vertical) (100%)

BTO 1 QQQ 16Apr21 323 call (QQQ210416C323)
STC 1 QQQ 16Apr21 315 call (QQQ210416C315) for a credit of $5.00 (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