Subject: February 7, 2019 Terry’s Tips Trade Alert - Honey Badger Portfolio

February 7, 2019 Terry’s Tips Trade Alert   - Honey Badger  Portfolio

We have become positive net delta:

BTC 1 SPY 08Feb19 270 put (SPY190208P270)
STO 1 SPY 15Feb19 270 put (SPY190215P270) for a credit of $1.12 (selling a calendar)

BTC 1 SPY 08Feb19 271 put (SPY190208P271)
STO 1 SPY 15Feb19 267 put (SPY190215P267) for a debit of $.88 (selling a diagonal)

BTC 1 SPY 08Feb19 271 put (SPY190208P271)
STO 1 SPY 15Feb19 269 put (SPY190215P269) for a debit of $.14 (selling a diagonal)

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

Happy trading.

Terry

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