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

We have become positive net delta:

BTC 1 SPY 08Mar19 279 put (SPY190308P279)
STO 1 SPY 15Mar19 274 put (SPY190315P274) for a debit of $2.52 (selling a diagonal)

BTC 1 SPY 08Mar19 278 put (SPY190308P278)
STO 1 SPY 15Mar19 272 put (SPY190315P272) for a debit of $2.43 (selling a diagonal)

BTC 1 SPY 08Mar19 277 put (SPY190308P277)
STO 1 SPY 15Mar19 271 put (SPY190315P271) for a debit of $1.81 (selling a diagonal)

BTO 1 SPY 17May19 271 put (SPY190517P271)
STC 1 SPY 29Mar19 278 put (SPY190329P278) for a credit of $.68 (buying a diagonal)

BTO 1 SPY 18Apr19 268 put (SPY190418P268)
STC 1 SPY 18Apr19 281 put (SPY190418P281) for a credit of $6.00 (selling a vertical)

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

Happy trading.

Terry