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

BTC 1 QQQ 05Mar21 321 call (QQQ210305C321)
STO 1 QQQ 05Mar21 312 call (QQQ210305C312)
BTO 1 QQQ 16Apr21 312 call (QQQ210416C312)
STC 1 QQQ 16Apr21 320 call (QQQ210416C320) for a debit of $1.50 (selling a vertical roll) (100%)

BTC 1 QQQ 05Mar21 318 put (QQQ210305P318)
STO 1 QQQ 05Mar21 309 put (QQQ210305P309) for a debit of $5.35 (buying a vertical) (100%)

BTC 2 QQQ 05Mar21 317 puts (QQQ210305P317)
STO 2 QQQ 05Mar21 307 puts (QQQ210305P307) for a debit of $5.40 (buying a vertical) (100%)

BTO 1 QQQ 16Apr21 310 put (QQQ210416P310)
STC 1 QQQ 16Apr21 321 put (QQQ210416P321) for a credit of $5.45 (selling a vertical) (100%)

BTO 1 QQQ 16Apr21 308 put (QQQ210416P308)
STC 1 QQQ 16Apr21 319 put (QQQ210416P319) for a credit of $5.10 (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