March 5, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
With QQQ’s sharp reversal, we are raising strikes, starting with puts:

BTC 1 QQQ 05Mar21 307 put (QQQ210305P307)
STO 1 QQQ 12Mar21 307 put (QQQ210312P307) for a credit of $4.30 (selling a calendar) (50%)

BTC 1 QQQ 05Mar21 307 put (QQQ210305P307)
STO 1 QQQ 12Mar21 309 put (QQQ210312P309) for a credit of $5.05 (selling a diagonal) (100%)

BTC 1 QQQ 12Mar21 301 put (QQQ210312P301)
STO 1 QQQ 12Mar21 305 put (QQQ210312P305) for a credit of $1.10 (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