December 17, 2018 Terry’s Tips Trade Alert #2 – Honey Badger Portfolio

We can get a little shorter:

BTO 1 SPY 15Mar19 258 put (SPY190315P258)
STC 1 SPY 15Mar19 264 put (SPY190315P264) for a credit of $2.63 (selling a vertical)

BTC 1 SPY 21Dec18 262 put (SPY181221P262)
STO 1 SPY 21Dec18 257 put (SPY181221P257) for a debit of $2.53 (buying a vertical)

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

Happy trading.

Terry