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

BTC 1 QQQ 05Mar21 323 put (QQQ210305P323)
STO 1 QQQ 05Mar21 320 put (QQQ210305P320) for a debit of $1.55 (buying a vertical) (50%)

BTC 1 QQQ 05Mar21 323 put (QQQ210305P323)
STO 1 QQQ 05Mar21 319 put (QQQ210305P319) for a debit of $2.00 (buying a vertical) (100%)

BTC 1 QQQ 05Mar21 326 call (QQQ210305C326)
STO 1 QQQ 05Mar21 321 call (QQQ210305C321) for a credit of $1.85 (selling a vertical) (100%)

BTC 1 QQQ 05Mar21 327 call (QQQ210305C327)
STO 1 QQQ 05Mar21 322 call (QQQ210305C322) for a credit of $1.60 (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