December 19, 2018 Terry’s Tips Trade Alert – Honey Badger Portfolio

The risk profile graph shows that our upside break-even is $5 after we get more negative net delta:

BTC 1 SPY 21Dec18 258 put (SPY181221P258)
STO 1 SPY 21Dec18 252 put (SPY181221P252) for a debit of $3.13 (buying a vertical)

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

Happy trading.

Terry