January 11, 2019 Terry’s Tips Trade Alert #2 – Honey Badger  Portfolio

These trades will set us up for next week with strongly bearish positions:

BTC 1 SPY 11Jan19 257 put (SPY190111P257) for $.01 (no commission)

BTC 1 SPY 11Jan19 258 put (SPY190111P258) for $.02 (no commission)

STO 1 SPY 18Jan19 258 put (SPY190118P258) for $1.73

STO 1 SPY 18Jan19 261 put (SPY190118P61) for $3.20

BTO 1 SPY 29Mar19 261 put (SPY190329P261)
STC 1 SPY 29Mar19 254 put (SPY190329P254) for a debit of $2.67  (buying a vertical)

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

Happy trading.

Terry