January 8, 2019 Terry’s Tips Trade Alert – Honey Badger  Portfolio

We have become too short:

BTC 1 SPY 11Jan19 244 put (SPY190111P244)
STO 1 SPY 11Jan19 258 put (SPY190111P258) for a credit of $2.94 (selling a vertical)

STO 1 SPY 11Jan19 257 put (SPY190111P257) for $2.52

BTO 1 SPY 29Mar19 257 put (SPY190329P257)
STC 1 SPY 29Mar19 245 put (SPY190329P245) for a debit of $4.03 (buying a vertical)

BTO 1 SPY 29Mar19 258 put (SPY190329P258)
STC 1 SPY 29Mar19 244 put (SPY190329P244) for a debit of $4.72 (buying a vertical)

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

Happy trading.

Terry