February 2, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
We remain negative net delta:

BTC 1 QQQ 05Feb21 313 put (QQQ210205P313)
STO 1 QQQ 05Feb21 322 put (QQQ210205P322)
BTO 1 QQQ 16Apr21 319 put (QQQ210416P319)
STC 1 QQQ 16Apr21 310 put (QQQ210416P310) for a debit of $1.60 (buying a vertical roll) (100%)

BTC 1 QQQ 05Feb21 315 put (QQQ210205P315)
STO 1 QQQ 05Feb21 324 put (QQQ210205P324)
BTO 1 QQQ 16Apr21 324 put (QQQ210416P324)
STC 1 QQQ 16Apr21 315 put (QQQ210416P315) for a debit of $1.60 (buying a vertical roll) (100%)

BTC 1 QQQ 05Feb21 317 put (QQQ210205P317)
STO 1 QQQ 05Feb21 326 put (QQQ210205P326)
BTO 1 QQQ 16Apr21 328 put (QQQ210416P328)
STC 1 QQQ 16Apr21 318 put (QQQ210416P318) for a debit of $1.80 (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