March 1, 2021 Terry’s Tips Trade Alert #3 – Honey  Badger Portfolio
 
We remain negative net delta:

BTC 1 QQQ 05Mar21 314 put (QQQ210305P314)
STO 1 QQQ 05Mar21 322 put (QQQ210305P322)
BTO 1 QQQ 16Apr21 322 put (QQQ210416P322)
STC 1 QQQ 16Apr21 314 put (QQQ210416P314) for a debit of $0.90 (buying a vertical roll) (100%)

BTC 1 QQQ 05Mar21 315 put (QQQ210305P315)
STO 1 QQQ 05Mar21 323 put (QQQ210305P323)
BTO 1 QQQ 16Apr21 323 put (QQQ210416P323)
STC 1 QQQ 16Apr21 315 put (QQQ210416P315) for a debit of $0.80 (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