December 21, 2018 Terry’s Tips Trade Alert #3 – Honey Badger Portfolio

We should get more seriously negative net delta

BTC 1 SPY 21Dec18 246 put (SPY181221P246) 
STO 1 SPY 28Dec18 246 put (SPY181228P246) for a credit of $2.06 (selling a calendar)

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

Happy trading.

Terry