March 4, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
We need to reduce delta:

BTC 1 QQQ 05Mar21 314 put (QQQ210305P314)
STC 1 QQQ 16Apr21 318 put (QQQ210416P318) for a credit of $9.85 (selling a diagonal) (100%)

BTC 2 QQQ 05Mar21 313 puts (QQQ210305P313)
STC 2 QQQ 16Apr21 316 puts (QQQ210416P316) for a credit of $9.70 (selling a diagonal) (100%)

BTC 1 QQQ 05Mar21 318 call (QQQ210305C318)
STO 1 QQQ 12Mar21 308 call (QQQ210312C308) for a credit of $4.45 (selling a diagonal) (100%)

BTC 1 QQQ 05Mar21 316 call (QQQ210305C316)
STO 1 QQQ 12Mar21 306 call (QQQ210312C306) for a credit of $5.45 (selling a diagonal) (100%)

BTO 1 QQQ 16Apr21 308 call (QQQ210416C308)
STC 1 QQQ 16Apr21 318 call (QQQ210416C318) for a debit of $4.80 (buying a vertical) (100%)

BTO 1 QQQ 16Apr21 306 call (QQQ210416C306)
STC 1 QQQ 16Apr21 316 call (QQQ210416C316) for a debit of $5.15 (buying a vertical) (100%)

BTC 1 QQQ 05Mar21 312 put (QQQ210305P312)
STO 1 QQQ 12Mar21 303 put (QQQ210312P303) for a debit of $2.00 (selling a diagonal) (100%)

BTC 1 QQQ 05Mar21 311 put (QQQ210305P311)
STO 1 QQQ 12Mar21 301 put (QQQ210312P301) for a debit of $1.90 (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