January 22, 2020 Terry’s Tips Trade Alert – Honey Badger Portfolio

This should raise delta above gamma and increase theta in the process:

BTC 2 COST 07Feb20 307.5 calls (COST200207C307.5)
STC 2 COST 07Feb20 312.5 calls (COST200207C312.5) for a debit of $3.15 (buying a calendar)

BTO 1 COST 17Jul20 315 call (COST200717C315)
STC 1 COST 17Jul20 305 call (COST200717C305) for a credit of $5.60 (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