May 12, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
We need to further reduce delta:  

BTC 1 QQQ 14May21 328 call (QQQ210514C328)
STO 1 QQQ 21May21 319 call (QQQ210521C319) for a credit of $5.10 (selling a diagonal) (100%)

BTO 1 QQQ 16Jul21 319 call (QQQ210716C319)
STC 1 QQQ 16Jul21 329 call (QQQ210716C329) for a debit of $5.10 (buying a vertical) (100%)

BTC 1 QQQ 14May21 324 put (QQQ210514P324)
STO 1 QQQ 21May21 316 put (QQQ210521P316) for a debit of $1.70 (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