May 6, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
QQQ is reversing higher, so we are rolling out some short puts to higher strikes:  

BTC 1 QQQ 07May21 320 put (QQQ210507P320)
STO 1 QQQ 14May21 329 put (QQQ210514P329) for a credit of $3.25 (selling a diagonal) (100%)

BTC 1 QQQ 07May21 322 put (QQQ210507P322)
STO 1 QQQ 14May21 331 put (QQQ210514P331) for a credit of $3.90 (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