December 17, 2018 Terry’s Tips Trade Alert #4 – Honey Badger Portfolio

We can get a little shorter still:

BTO 1 SPY 15Mar19 253 put (SPY190315P253)
STC 1 SPY 15Mar19 267 put (SPY190315P267) for a credit of $6.80 (selling a vertical)

BTC 1 SPY 21Dec18 261 put (SPY181221P261)
STO 1 SPY 21Dec18 250 put (SPY181221P250) for a debit of $5.35 (buying a vertical)

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

Happy trading.

Terry