August 31, 2018 Terry’s Tips Trade Alert  – Honey Badger Portfolio

We can collect more by selling another week of premium than we could make by closing out the positions:

BTC 1 CVS 31Aug18 73 put (CVS180831P73) for a limit of $.01 (no commission)

BTC 1 CVS 31Aug18 75 call (CVS180831C75)
BTO 1 CVS 07Sep18 76 call (CVS181007C76) for a credit of $.18 (selling a diagonal)

STO 1 CVS 07Sep18 74 put (CVS181007P74) for $.31

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

Terry