October 22, 2019  Terrys Tips Trade Alert #2 – Honey Badger  Portfolio

     

We have become negative net delta:

 

BTC 1 COST 15Nov19 295 put (COST191115P295)

STO 1 COST 15Nov19 305 put (COST191115P305)
BTO 1 COST 17Apr20 305 put (COST200417P305)

STC 1 COST 17Apr20 295 put (COST200417P295) for a debit of $.76 (buying a vertical roll)

 

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

 

Happy trading.

Terry