February 5, 2020 Terry’s Tips Trade Alert – Honey Badger Portfolio

We have become negative net delta:

BTC 1 COST 07Feb20 302.5 put (COST200207P302.5)
STO 1 COST 07Feb20 307.5 put (COST200207P307.5) for a credit of $1.50 (selling a vertical)

BTO 1 COST 17Jul20 310 put (COST200717P310)
STC 1 COST 17Jul20 300 put (COST200717P300) for a debit of $4.35 (buying a vertical)

BTC 1 COST 07Feb20 305 put (COST200207P305)
STO 1 COST 07Feb20 310 put (COST200207P310) for a credit of $2.30 (selling a vertical)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry