March 18, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
With QQQ down 2%, we are taking off our highest-strike put and call spreads:

BTC 1 QQQ 19Mar21 322 put (QQQ210319P322)
STC 1 QQQ 16Apr21 322 put (QQQ210416P322) for a credit of $6.00 (selling a calendar) (100%)

BTC 1 QQQ 19Mar21 324 call (QQQ210319C324)
STC 1 QQQ 16Apr21 310 call (QQQ210416C310) for a credit of $12.50 (selling a diagonal) (100%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry