January 22, 2019 Terry’s Tips Trade Alert #2 - Honey Badger Portfolio

We are getting dangerously close to becoming positive net delta once again:

 

BTC 1 SPY 25Jan19 267 put (SPY190125P267)

STO 1 SPY 25Jan19 262 put (SPY190125P262) for a debit of $3.40 (selling a diagonal) 

 

BTO 1 SPY 29Mar19 259 put (SPY190329P259)

STC 1 SPY 29Mar19 267 put (SPY190329P267) for a credit of $3.40 (selling a vertical) 

  

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

  
Happy trading.

Terry