December 14, 2018 Terry’s Tips Trade Alert #4 - Honey Badger Portfolio

We are barely negative net delta:

BTC 1 SPY 28Dec18 260 put (SPY181228P260)
STO 1 SPY 21Dec18 255 put (SPY181221P255) for a credit of $2.64 (selling a diagonal)

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

Happy trading.

Terry