February 13, 2020 Terry’s Tips Trade Alert #2 – Honey Badger Portfolio

We remain negative net delta:

BTC 1 COST 28Feb20 315 call (COST200228C315)
STO 1 COST 28Feb20 320 call (COST200228C320) for a debit of $3.00 (buying a vertical)

BTC 1 COST 28Feb20 312.5 put (COST200228P312.5)
STO 1 COST 28Feb20 317.5 put (COST200228P317.5) for a credit of $1.50 (selling a vertical)

BTC 1 COST 28Feb20 315 put (COST200228P315)
STO 1 COST 28Feb20 320 put (COST200228P320) for a credit of $2.05 (selling a vertical)

BTO 1 COST 17Jul20 320 put (COST200717P320)
STC 1 COST 17Jul20 310 put (COST200717P310) for a debit of $4.25 (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