January 6, 2020  Terry’s Tips Trade Alert  –  Honey Badger  portfolio

  

These short puts are too much in the money and rolling them down will increase theta:

 

BTC 2 COST 10Jan20 297.5 puts (COST200110P297.5)

STO 2 COST 10Jan20 290 puts (COST200110P290)

BTO 2 COST 17Jul20 290 puts (COST200717P290)

STC 2 COST 17Jul20 300 puts (COST200717P300) for a debit of $.09 (selling a vertical roll)

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry