December 17, 2018 Terry’s Tips Trade Alert #3 – Honey Badger Portfolio

We can get a little shorter:

BTO 1 SPY 15Mar19 256 put (SPY190315P256)
STC 1 SPY 15Mar19 266 put (SPY190315P266) for a credit of $4.71 (selling a vertical)

BTC 1 SPY 21Dec18 262 put (SPY181221P262)
STO 1 SPY 21Dec18 253 put (SPY181221P253) for a debit of $4.80 (buying a vertical)

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

Happy trading.

Terry