December 11, 2018 Terry’s Tips Trade Alert  #2 – Honey Badger  Portfolio

We can pick up some theta and continue to be comfortably negative net delta

BTC 1 SPY 21Dec18 259 put (SPY181221P259)

STO 1 SPY 14Dec18 262 put (SPY181214P262) for a debit of $.72 (buying a diagonal) 

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

Happy trading.