February 16, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
We have become negative net delta:

BTC 1 QQQ 19Feb21 330 put (QQQ210219P330)
STO 1 QQQ 19Feb21 337 put (QQQ210219P337)

BTO 1 QQQ 16Apr21 337 put (QQQ210416P337)
STC 1 QQQ 16Apr21 330 put (QQQ210416P330) for a debit of $0.95 (buying a vertical roll) (100%)

BTC 1 QQQ 19Feb21 334 call (QQQ210219C334)
STO 1 QQQ 19Feb21 340 call (QQQ210219C340)

BTO 1 QQQ 16Apr21 336 call (QQQ210416C336)
STC 1 QQQ 16Apr21 330 call (QQQ210416C330) for a credit of $0.20 (selling 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