February 11, 2020 Terry’s Tips Trade Alert – Honey Badger Portfolio

We need to reduce delta:

BTC 2 COST 28Feb20 317.5 calls (COST200228C317.5)
STO 2 COST 28Feb20 312.5 calls (COST200228C312.5) for a credit of $1.95 (selling a vertical)

BTC 1 COST 28Feb20 315 put (COST200228P315)
STO 1 COST 28Feb20 310 put (COST200228P310) for a debit of $2.55 (buying a vertical)


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

Happy trading.

Terry