December 20, 2018 Terry’s Tips Trade Alert #3 – Honey Badger Portfolio 

We have become positive net delta once again:                                                                                                                      

BTC 1 SPY 21Dec18 252 put (SPY181221P252)
STC 1 SPY 15Mar19 252 put (SPY190315P252) for a credit of $6.55 (selling a calendar) 

BTC 1 SPY 21Dec18 251 put (SPY181221P251) 
STO 1 SPY 21Dec18 244 put (SPY181221P244) for a debit of $4.96 (selling a vertical) 

BTC 1 SPY 21Dec18 249 put (SPY181221P249)
STO 1 SPY 21Dec18 246 put (SPY181221P246) for a debit of $2.15 (selling a vertical) 

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

Happy trading.

 

Terry