December 12, 2018 Terry’s Tips Trade Alert – Honey Badger Portfolio

With SPY up well over $4 today, we need to roll to higher strikes for some of our short puts:

BTC 1 SPY 14Dec18 259 put (SPY181214P259)
STO 1 SPY 14Dec18 267 put (SPY181214P267) for a credit of $1.23 (selling a vertical)

BTC 1 SPY 14Dec18 260 put (SPY181214P260)
STO 1 SPY 14Dec18 265 put (SPY181214P265) for a credit of $.61 (selling a vertical)

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

Happy trading.

Terry