June 25, 2018 Terry’s Tips Trade Alert – Honey Badger  Portfolio

These are the trades we discussed in the Saturday Report .  We have lowered the strikes by a dollar since the stock is down today along with most everything else:

BTO 2 NKE 03Aug18 68 puts (NKE180803P68)
STO 2 NKE 29Jun18 71 puts (NKE180629P71) for a credit of $.13 (buying a diagonal)

BTO 2 NKE 03Aug18 77 calls (NKE180803C77)
STO 2 NKE 29Jun18 74 calls (NKE180629C74) for a credit of $.20 (buying a diagonal)

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

Happy trading.

Terry