January 15, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio
 
We need to reduce delta:

BTC 1 QQQ 22Jan21 319 call (QQQ210122C319)
STO 1 QQQ 22Jan21 312 call (QQQ210122C312)
BTO 1 QQQ 16Apr21 312 call (QQQ210416C312)
STC 1 QQQ 16Apr21 319 call (QQQ210416C319) for a debit of $0.90 (selling a vertical roll) (100%)

BTC 1 QQQ 15Jan21 316 put (QQQ210115P316)
STO 1 QQQ 22Jan21 311 put (QQQ210122P311) for a debit of $0.30 (selling a diagonal) (100%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry