January 12, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio

We need to reduce delta:

BTC 1 QQQ 15Jan21 322 call (QQQ210115C322)
STO 1 QQQ 22Jan21 315 call (QQQ210122C315) for a credit of $3.50 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 315 call (QQQ210416C315)
STC 1 QQQ 16Apr21 322 call (QQQ210416C322) for a debit of $3.70 (buying a vertical) (100%)

BTC 1 QQQ 15Jan21 320 call (QQQ210115C320)
STO 1 QQQ 22Jan21 313 call (QQQ210122C313) for a credit of $4.25 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 313 call (QQQ210416C313)
STC 1 QQQ 16Apr21 320 call (QQQ210416C320) for a debit of $3.85 (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