January 14, 2019 Terry’s Tips Trade Alert Honey Badger  Portfolio

These trades will yield a double-digit weekly gain with a flat or up to $5 lower price and a gain of some sort if the stock doesn’t move up more than $3 from here:

 

BTC 1 SPY 18Jan19 249 put (SPY190118P249)

STO 1 SPY 18Jan19 257 put (SPY190118P257) for a credit of $1.28 (selling a vertical) 

 

BTO 1 SPY 29Mar19 252 put (SPY190329P252)

STC 1 SPY 29Mar19 248 put (SPY190329P248) for a debit of $1.11  (buying a vertical) 

 

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

Happy trading.

 

Terry