December 26, 2018 Terry’s Tips Trade Alert #2 – Honey Badger Portfolio

This will complete getting us set up for next week:

BTC 1 SPY 28Dec18 240 put (SPY181228P240) for $.04 (no commission)

STO 1 SPY 4Jan18 240 put (SPY190104P240) for $1.93

BTC 1 SPY 28Dec18 242 put (SPY181228P242)
STO 1 SPY 4Jan19 242 put (SPY190104P242) for a credit of $2.29 (selling a calendar)

BTC 1 SPY 28Dec18 245 put (SPY181228P245)
STO 1 SPY 4Jan19 241 put (SPY190104P241) for a credit of $1.76 (selling a diagonal)

BTC 1 SPY 28Dec18 246 put (SPY181228P246)
STO 1 SPY 4Jan19 246 put (SPY190104P246) for a credit of $3.03 (selling a calendar)

BTO 1 SPY 29Mar19 244 put (SPY190329P244)
STO 1 SPY 4Jan19  244 put (SPY190104P244) for a debit of $7.04  (buying a calendar) 

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

Happy trading.

Terry