February 15, 2019 Terry’s Tips Trade Alert  – Honey Badger  Portfolio

We have been waiting all day for the stock to fall back a bit, but it just doesn’t seem to be happening:

BTC 1 SPY 15Feb19 268 put (SPY190215P268) for $.01 (no commission) 

BTC 1 SPY 15Feb19 269 put (SPY190215P269) for $.01 (no commission)

BTC 1 SPY 15Feb19 270 put (SPY190215P270) for $.01 (no commission)

STO 1 SPY 22Feb19 275 put (SPY190222P275) for $.96

STO 1 SPY 22Feb19 276 put (SPY190222P276) for $1.29

STO 1 SPY 22Feb19 277 put (SPY190222P277) for $ 1.72

BTO 1 SPY 29Mar19 277 put (SPY190329P277)
STC 1 SPY 29Mar19 271 put (SPY190329P271) for a debit of $2.09 (buying a vertical)

BTO 1 SPY 29Mar19 276 put (SPY190329P276)
STC 1 SPY 29Mar19 271 put (SPY190329P271) for a debit of $1.66 (buying a vertical)

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

Happy trading.

Terry