February 12, 2020 Terry’s Tips Trade Alert – Honey Badger Portfolio

We have become negative net delta:

BTC 1 COST 06Mar20 307.5 put (COST200306P307.5)
STO 1 COST 06Mar20 315 put (COST200306P315) for a credit of $2.95 (selling a vertical)

BTC 1 COST 28Feb20 310 put (COST200228P310)
STO 1 COST 28Feb20 315 put (COST200228P315) for a credit of $1.85 (selling a vertical)

BTO 1 COST 17Jul20 315 put (COST200717P315)
STC 1 COST 17Jul20 310 put (COST200717P310) for a debit of $2.25 (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