February 23, 2021 Terry’s Tips Trade Alert  – Honey  Badger Portfolio
 
We need to reduce delta:

BTC 1 QQQ 26Feb21 334 call (QQQ210226C334)
STC 1 QQQ 16Apr21 334 call (QQQ210416C334) for a credit of $5.15 (selling a calendar) (100%)

BTC 1 QQQ 26Feb21 333 call (QQQ210226C333)
STC 1 QQQ 16Apr21 333 call (QQQ210416C333) for a credit of $5.50 (selling a calendar) (100%)

BTC 1 QQQ 26Feb21 332 call (QQQ210226C332)
STO 1 QQQ 05Mar21 322 call (QQQ210305C322) for a credit of $3.50 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 322 call (QQQ210416C322)
STC 1 QQQ 16Apr21 332 call (QQQ210416C332) for a debit of $4.55 (buying a vertical) (100%)

BTC 1 QQQ 26Feb21 331 call (QQQ210226C331)
STO 1 QQQ 05Mar21 320 call (QQQ210305C320) for a credit of $4.40 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 320 call (QQQ210416C320)
STC 1 QQQ 16Apr21 331 call (QQQ210416C331) for a debit of $5.20 (buying a vertical) (100%)

BTC 1 QQQ 26Feb21 328 put (QQQ210226P328)
STO 1 QQQ 05Mar21 318 put (QQQ210305P318) for a debit of $4.80 (selling a diagonal) (100%)

BTC 1 QQQ 26Feb21 327 put (QQQ210226P327)
STO 1 QQQ 05Mar21 316 put (QQQ210305P316) for a debit of $4.70 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 315 put (QQQ210416P315)
STC 1 QQQ 16Apr21 334 put (QQQ210416P334) for a credit of $9.80 (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