February 6, 2020 Terry’s Tips Trade Alert – Honey Badger Portfolio

We have become negative net delta:

BTC 2 COST 07Feb20 307.5 calls (COST200207C307.5)
STO 2 COST 07Feb20 312.5 calls (COST200207C312.5) for a debit of $2.70 (buying a vertical)

BTO 1 COST 17Jul20 310 call (COST200717C310)
STC 1 COST 17Jul20 305 call (COST200717C305) for a credit of $2.75 (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