November 18, 2019  Terry’s Tips Trade Alert  - Honey Badger   Portfolio   

  

We have become negative net delta:

 

BTC 1 COST 22Nov19 300 put (COST191122P300)

STO 1 COST 20Dec19 300 put (COST191220P300) for a credit of $4.85 (selling a calendar)

 

BTC 1 COST 22Nov19 300 put (COST191122P300)

STO 1 COST 22Nov19 305 put (COST191122P305) for a credit of $1.46 (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