January 13, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio

We have become negative net delta:

BTC 1 QQQ 22Jan21 313 call (QQQ210122C313)
STO 1 QQQ 22Jan21 319 call (QQQ210122C319)
BTO 1 QQQ 16Apr21 319 call (QQQ210416C319)
STC 1 QQQ 16Apr21 313 call (QQQ210416C313) for a debit of $0.10 (selling a vertical roll) (100%)

BTC 1 QQQ 15Jan21 309 put (QQQ210115P309)
STO 1 QQQ 15Jan21 316 put (QQQ210115P316)
BTO 1 QQQ 16Apr21 316 put (QQQ210416P316)
STC 1 QQQ 16Apr21 309 put (QQQ210416P309) for a debit of $1.00 (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