May 11, 2021 Terry’s Tips Trade Alert  – Honey  Badger Portfolio
 
We need to reduce delta:  

BTC 1 QQQ 14May21 331 put (QQQ210514P331)
STO 1 QQQ 14May21 320 put (QQQ210514P320) for a debit of $5.35 (buying a vertical) (100%)

BTO 1 QQQ 16Jul21 320 put (QQQ210716P320)
STC 1 QQQ 16Jul21 331 put (QQQ210716P331) for a credit of $4.60 (selling a vertical) (100%)

BTC 1 QQQ 14May21 329 put (QQQ210514P329)
STO 1 QQQ 14May21 318 put (QQQ210514P318) for a debit of $4.45 (buying a vertical) (100%)

BTO 1 QQQ 16Jul21 318 put (QQQ210716P318)
STC 1 QQQ 16Jul21 329 put (QQQ210716P329) for a credit of $4.35 (selling a vertical) (50%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry