February 10, 2020 Terry’s Tips Trade Alert – Honey Badger Portfolio

We have become negative net delta:

BTC 1 COST 28Feb20 312.5 call (COST200228C312.5)
STO 1 COST 28Feb20 317.5 call (COST200228C317.5) for a debit of $2.90 (buying a vertical)

BTC 1 COST 28Feb20 310 put (COST200228P310)
STO 1 COST 28Feb20 315 put (COST200228P315) for a credit of $1.70 (selling a vertical)

BTC 1 COST 06Mar20 310 call (COST200306C310)
STO 1 COST 06Mar20 317.5 call (COST200306C317.5) for a debit of $4.40 (buying a vertical)

BTO 1 COST 17Jul20 315 put (COST200717P315)
STC 1 COST 17Jul20 310 put (COST200717P310) for a debit of $2.15 (buying a vertical)

BTO 1 COST 17Jul20 315 call (COST200717C315)
STC 1 COST 17Jul20 305 call (COST200717C305) for a credit of $6.00 (selling a vertical)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry