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

BTC 1 QQQ 14May21 337 call (QQQ210514C337)
STC 1 QQQ 16Jul21 338 call (QQQ210716C338) for a credit of $4.60 (selling a diagonal) (100%)

BTC 1 QQQ 14May21 336 call (QQQ210514C336)
STC 1 QQQ 16Jul21 336 call (QQQ210716C336) for a credit of $5.25 (selling a calendar) (100%)

BTC 1 QQQ 14May21 335 call (QQQ210514C335)
STO 1 QQQ 21May21 322 call (QQQ210521C322) for a credit of $3.90 (selling a diagonal) (100%)

BTO 1 QQQ 16Jul21 321 call (QQQ210716C321)
STC 1 QQQ 16Jul21 334 call (QQQ210716C334) for a debit of $6.05 (buying a vertical) (100%)

BTC 1 QQQ 14May21 327 put (QQQ210514P327)
STO 1 QQQ 21May21 318 put (QQQ210521P318) for a debit of $3.40 (selling a diagonal) (100%)

BTC 1 QQQ 14May21 325 put (QQQ210514P325)
STO 1 QQQ 14May21 317 put (QQQ210514P317)
BTO 1 QQQ 16Jul21 317 put (QQQ210716P317)
STC 1 QQQ 16Jul21 325 put (QQQ210716P325) for a debit of $1.20 (buying a vertical roll) (100%)


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

Happy trading.

Terry