January 11, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio

We need to reduce delta:

BTC 1 QQQ 15Jan21 317 put (QQQ210115P317)
STO 1 QQQ 15Jan21 309 put (QQQ210115P309)
BTO 1 QQQ 16Apr21 309 put (QQQ210416P309)
STC 1 QQQ 16Apr21 317 put (QQQ210416P317) for a credit of $0.25 (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