February 25, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
We need to reduce delta:

BTC 1 QQQ 26Feb21 327 call (QQQ210226C327)
STO 1 QQQ 05Mar21 317 call (QQQ210305C317) for a credit of $5.45 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 317 call (QQQ210416C317)
STC 1 QQQ 16Apr21 327 call (QQQ210416C327) for a debit of $5.05 (buying a vertical) (100%)

BTC 1 QQQ 26Feb21 325 put (QQQ210226P325)
STO 1 QQQ 05Mar21 314 put (QQQ210305P314) for a debit of $3.90 (selling a diagonal) (100%)

BTC 1 QQQ 26Feb21 324 put (QQQ210226P324)
STO 1 QQQ 05Mar21 313 put (QQQ210305P313) for a debit of $3.30 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 317 put (QQQ210416P317)
STC 1 QQQ 16Apr21 327 put (QQQ210416P327) for a credit of $4.90 (selling a vertical) (100%)

BTO 1 QQQ 16Apr21 316 put (QQQ210416P316)
STC 1 QQQ 16Apr21 326 put (QQQ210416P326) for a credit of $4.75 (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