January 7, 2021 Terry’s Tips Trade Alert #2 – Honey  Badger Portfolio

We remain negative net delta:

BTC 1 QQQ 15Jan21 305 put (QQQ210115P305)
STO 1 QQQ 15Jan21 315 put (QQQ210115P315)
BTO 1 QQQ 16Apr21 315 put (QQQ210416P315)
STC 1 QQQ 16Apr21 305 put (QQQ210416P305) for a debit of $1.15 (buying a vertical roll) (100%)

BTC 1 QQQ 15Jan21 311 call (QQQ210115C311)
STO 1 QQQ 15Jan21 318 call (QQQ210115C318)
BTO 1 QQQ 16Apr21 318 call (QQQ210416C318)
STC 1 QQQ 16Apr21 311 call (QQQ210416C311) for a debit of $0.15 (selling 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