January 8, 2021 Terry’s Tips Trade Alert – Honey  Badger Portfolio

We remain negative net delta:

BTC 1 QQQ 15Jan21 308 put (QQQ210115P308)
STO 1 QQQ 15Jan21 317 put (QQQ210115P317)
BTO 1 QQQ 16Apr21 317 put (QQQ210416P317)
STC 1 QQQ 16Apr21 308 put (QQQ210416P308) for a debit of $1.15 (buying a vertical roll) (100%)

BTC 1 QQQ 15Jan21 314 call (QQQ210115C314)
STO 1 QQQ 15Jan21 320 call (QQQ210115C320)
BTO 1 QQQ 16Apr21 320 call (QQQ210416C320)
STC 1 QQQ 16Apr21 314 call (QQQ210416C314) for a debit of $0.05 (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