May 14, 2021 Terry’s Tips Trade Alert  – Honey  Badger Portfolio
 
We are selling two put spreads to increase delta and raise cash to buy call spreads. Also, we’re raising a call strike:  

BTC 1 QQQ 14May21 317 put (QQQ210514P317)
STC 1 QQQ 16Jul21 317 put (QQQ210716P317) for a credit of $9.80 (selling a calendar) (100%)

BTC 1 QQQ 14May21 318 put (QQQ210514P318)
STC 1 QQQ 16Jul21 318 put (QQQ210716P318) for a credit of $10.10 (selling a calendar) (100%)

BTC 1 QQQ 21May21 319 call (QQQ210521C319)
STO 1 QQQ 21May21 325 call (QQQ210521C325) for a debit of $3.85 (buying 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