February 2, 2021 Terry’s Tips Trade Alert #3 – Honey  Badger Portfolio
 
We remain negative net delta:

BTC 1 QQQ 05Feb21 318 put (QQQ210205P318)
STO 1 QQQ 12Feb21 328 put (QQQ210212P328) for a credit of $4.15 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 329 put (QQQ210416P329)
STC 1 QQQ 16Apr21 320 put (QQQ210416P320) for a debit of $3.35 (buying a vertical) (50%)

BTC 1 QQQ 05Feb21 325 call (QQQ210205C325)
STO 1 QQQ 05Feb21 332 call (QQQ210205C332)
BTO 1 QQQ 16Apr21 332 call (QQQ210416C332)
STC 1 QQQ 16Apr21 326 call (QQQ210416C326) for a debit of $0.40 (selling a vertical roll) (100%)


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

Happy trading.

Terry