March 1, 2021 Terry’s Tips Trade Alert #4 – Honey  Badger Portfolio
 
We remain negative net delta:

BTC 1 QQQ 05Mar21 316 put (QQQ210305P316)
STO 1 QQQ 05Mar21 323 put (QQQ210305P323) for a credit of $1.70 (selling a vertical) (100%)

BTO 1 QQQ 16Apr21 323 put (QQQ210416P323)
STC 1 QQQ 16Apr21 317 put (QQQ210416P317) for a debit of $2.20 (buying a vertical) (100%)

BTC 1 QQQ 05Mar21 322 call (QQQ210305C322)
STO 1 QQQ 05Mar21 327 call (QQQ210305C327)
BTO 1 QQQ 16Apr21 324 call (QQQ210416C324)
STC 1 QQQ 16Apr21 317 call (QQQ210416C317) for a credit of $1.60 (selling 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