February 11, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
With delta becoming negative, we can start rolling out to next week to raise strikes:

BTC 1 QQQ 12Feb21 329 put (QQQ210212P329)
STO 1 QQQ 19Feb21 334 put (QQQ210219P334) for a credit of $3.05 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 334 put (QQQ210416P334)
STC 1 QQQ 16Apr21 329 put (QQQ210416P329) for a debit of $1.90 (buying 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