March 3, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
We need to reduce delta:

BTC 1 QQQ 05Mar21 322 put (QQQ210305P322)
STC 1 QQQ 16Apr21 323 put (QQQ210416P323) for a credit of $8.00 (selling a diagonal ) (100%)

BTC 1 QQQ 05Mar21 321 put (QQQ210305P321)
STO 1 QQQ 05Mar21 314 put (QQQ210305P314) for a debit of $4.50 (buying a vertical) (100%)

BTC 2 QQQ 05Mar21 320 puts (QQQ210305P320)
STO 2 QQQ 05Mar21 313 puts (QQQ210305P313) for a debit of $4.15 (buying a vertical) (100%)

BTC 1 QQQ 05Mar21 319 put (QQQ210305P319)
STO 1 QQQ 05Mar21 312 put (QQQ210305P312) for a debit of $3.75 (buying a vertical) (50%)

BTC 1 QQQ 05Mar21 319 put (QQQ210305P319)
STO 1 QQQ 05Mar21 311 put (QQQ210305P311) for a debit of $4.15 (buying a vertical) (100%)

BTO 1 QQQ 16Apr21 313 put (QQQ210416P313)
STC 1 QQQ 16Apr21 323 put (QQQ210416P323) for a credit of $4.70 (selling a vertical) (100%)

BTO 2 QQQ 16Apr21 312 puts (QQQ210416P312)
STC 2 QQQ 16Apr21 322 puts (QQQ210416P322) for a credit of $4.55 (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