December 18, 2018 Terry’s Tips Trade Alert – Honey Badger Portfolio

With SPY up over $2 today, we can collect additional premium and still remain strongly short:

BTC 1 SPY 21Dec18 250 put (SPY181221P250)
STO 1 SPY 21Dec18 258 put (SPY181221P258) for a credit of $3.03 (selling a vertical)

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

Happy trading.

Terry