December 17, 2018 Terry’s Tips Trade Alert #5 – Honey Badger Portfolio

We can get a little shorter:

BTO 1 SPY 15Mar19 255 put (SPY190315P255)
STC 1 SPY 15Mar19 265 put (SPY190315P265) for a credit of $5.05 (selling a vertical)

BTC 1 SPY 21Dec18 259 put (SPY181221P259)
STO 1 SPY 21Dec18 254 put (SPY181221P254) for a debit of $3.04 (buying a vertical)

BTC 1 SPY 21Dec18 257 put (SPY181221P257)
STO 1 SPY 21Dec18 251 put (SPY181221P251) for a debit of $2.90 (buying a vertical)

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

Happy trading.

Terry