February 22, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
We continue to reduce delta:

BTC 1 QQQ 26Feb21 336 call (QQQ210226C336)
STO 1 QQQ 26Feb21 328 call (QQQ210226C328) for a credit of $1.25 (selling a vertical) (100%)

BTC 1 QQQ 26Feb21 335 call (QQQ210226C335)
STO 1 QQQ 26Feb21 327 call (QQQ210226C327) for a credit of $1.55 (selling a vertical) (100%)

BTO 1 QQQ 16Apr21 327 call (QQQ210416C327)
STC 1 QQQ 16Apr21 331 call (QQQ210416C331) for a debit of $2.05 (buying a vertical) (50%)

BTC 1 QQQ 26Feb21 329 put (QQQ210226P329)
STO 1 QQQ 26Feb21 321 put (QQQ210226P321)
BTO 1 QQQ 16Apr21 321 put (QQQ210416P321)
STC 1 QQQ 16Apr21 328 put (QQQ210416P328) for a debit of $1.20 (buying 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