December 6, 2018 Terry’s Tips Trade Alert – Honey Badger Portfolio

These trades will set up this bearish account as described in the last Saturday Report:

BTO 1 SPY 15Mar19 266 put (SPY190315P266)
STO 1 SPY 14Dec18 266 put (SPY181214P266) for a debit of $6.83 (buying a calendar) 

BTO 1 SPY 15Mar19 265 put (SPY190315P265)
STO 1 SPY 14Dec18 265 put (SPY181214P265) for a debit of $6.80 (buying a calendar) 

BTO 1 SPY 15Mar19 264 put (SPY190315P264)
STO 1 SPY 14Dec18 264 put (SPY181214P264) for a debit of $6.80 (buying a calendar) 

BTO 1 SPY 15Mar19 263 put (SPY190315P263)
STO 1 SPY 14Dec18 263 put (SPY181214P263) for a debit of $6.77 (buying a calendar) 

BTO 1 SPY 15Mar19 262 put (SPY190315P262)
STO 1 SPY 14Dec18 262 put (SPY181214P262) for a debit of $6.70 (buying a calendar) 

BTO 1 SPY 15Mar19 261 put (SPY190315P261) for $8.77

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

Happy trading.

Terry