January 20, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
With QQQ up sharply, we need to raise delta:

BTC 1 QQQ 22Jan21 311 put (QQQ210122P311)
STO 1 QQQ 29Jan21 320 put (QQQ210129P320) for a credit of $3.50 (selling a diagonal) (100%)

BTC 1 QQQ 22Jan21 313 put (QQQ210122P313)
STO 1 QQQ 29Jan21 322 put (QQQ210129P322) for a credit of $4.15 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 320 put (QQQ210416P320)
STC 1 QQQ 16Apr21 313 put (QQQ210416P313) for a debit of $2.55 (buying a vertical) (100%)

BTO 1 QQQ 16Apr21 322 put (QQQ210416P322)
STC 1 QQQ 16Apr21 315 put (QQQ210416P315) for a debit of $2.70 (buying a vertical) (100%)

BTC 1 QQQ 22Jan21 314 call (QQQ210122C314)
STO 1 QQQ 29Jan21 323 call (QQQ210129C323) for a debit of $4.50 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 320 call (QQQ210416C320)
STC 1 QQQ 16Apr21 312 call (QQQ210416C312) for a credit of $5.15 (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