February 6, 2019 Terry’s Tips Trade Alert – Honey Badger   Portfolio

SPY is down a little today.  This might be a good time to collect a little premium:

BTC 1 SPY 08Feb19 263 put (SPY190208P263) for $.02 (no commission)

STO 1 SPY 15Feb19 273 put (SPY190215P273) for $2.00

BTO 1 SPY 18Apr19 273 put (SPY190418P273)
STC 1 SPY 18Apr19 261 put (SPY190418P261) for a debit of $3.47 (buying a vertical)

STO 1 SPY 15Feb19 268 put (SPY190215P268)
BTC 1 SPY 08Feb19 268 put (SPY190208P268) for a debit of $.51 (selling a calendar)

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

Happy trading.

Terry