January 27, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio
 
We have become overly long:

BTC 1 QQQ 29Jan21 324 put (QQQ210129P324)
STO 1 QQQ 29Jan21 318 put (QQQ210129P318)
BTO 1 QQQ 16Apr21 318 put (QQQ210416P318)
STC 1 QQQ 16Apr21 324 put (QQQ210416P324) for a debit of $0.60 (buying a vertical roll) (100%)

BTC 1 QQQ 29Jan21 323 put (QQQ210129P323)
STO 1 QQQ 29Jan21 316 put (QQQ210129P316)
BTO 1 QQQ 16Apr21 316 put (QQQ210416P316)
STC 1 QQQ 16Apr21 323 put (QQQ210416P323) for a debit of $0.20 (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