May 6, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
With QQQ continuing lower, we are reducing delta and raising cash by selling some far OTM call spreads:  

BTC 1 QQQ 07May21 341 call (QQQ210507C341) for $0.01 (100%)

BTC 1 QQQ 07May21 340 call (QQQ210507C340) for $0.01 (100%)

STC 1 QQQ 18Jun21 336 call (QQQ210618C336) for $6.30 (100%)

STC 1 QQQ 18Jun21 332 call (QQQ210618C332) for $8.30 (100%)

BTO 1 QQQ 16Jul21 334 call (QQQ210716C334)
STC 1 QQQ 16Jul21 347 call (QQQ210716C347) for a debit of $5.45 (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