February 20, 2018 Trade Alert -  Honey Badger Portfolio 

 

We have become negative net delta:

 

BTC 1 YY 23Feb18 127 call (YY180223C127)

 

STO 1 YY 23Feb18 134 call (YY180223C134) for a debit of $4.05  (buying a vertical)

 

 

BTC 1 YY 23Feb18 128 call (YY180223C128)

 

STO 1 YY 02Mar18 133 call (YY180302C133) for a debit of $1.05  (selling a diagonal)

 

 

BTC 1 YY 23Feb18 129 call (YY180223C129)

 

STO 1 YY 02Mar18 134 call (YY180302C134) for a debit of $.75  (selling a diagonal)

 

BTO 1 YY 23Mar18 130 call (YY180323C130)

 

STC 1 YY 23Mar18 124 call (YY180323C124) for a credit of $3.80  (selling a vertical)

 

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

 

Happy trading. 

 

Terry