February 19, 2020 Terry’s Tips Trade Alert – Honey Badger Portfolio

We need to raise delta:

BTC 1 COST 06Mar20 317.5 call (COST200306C317.5)
STO 1 COST 06Mar20 325 call (COST200306C325) for a debit of $4.40 (buying a vertical)

BTO 1 COST 17Jul20 325 call (COST200717C325)
STC 1 COST 17Jul20 315 call (COST200717C315) for a credit of $5.70 (selling a vertical)

BTC 1 COST 06Mar20 315 put (COST200306P315)
STO 1 COST 06Mar20 320 put (COST200306P320) for a credit of $1.60 (selling a vertical)

BTO 1 COST 17Jul20 320 put (COST200717P320)
STC 1 COST 17Jul20 315 put (COST200717P315) for a debit of $2.00 (buying a vertical)

BTC 2 COST 28Feb20 317.5 puts (COST200228P317.5)
STO 2 COST 28Feb20 322.5 puts (COST200228P322.5) for a credit of $1.45 (selling a vertical)

BTO 1 COST 17Jul20 325 put (COST200717P325)
STC 1 COST 17Jul20 315 put (COST200717P315) 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