October 31, 2059  Terry’s Tips Trade Alert – Honey Badger  Portfolio   

  

We have become too bullish:

 

BTC 2 COST 22Nov19 300 puts (COST191122P300)

STO 2 COST 22Nov19 290 puts (COST191122P290)

BTO 2 COST 19Jun20 290 puts (COST200619P290)

STC 2 COST 19Jun20 300 puts (COST200619P300) for a debit of $.26 (buying a vertical roll)

 

BTC 1 COST 22Nov19 305 call (COST191122C305)

STO 1 COST 22Nov19 292.5 call (COST191122C292.5)

STC 1 COST 17Apr20 305 call (COST200417C305)

BTO 1 COST 17Apr20 295 call (COST200417C295) for a credit of $.20 (selling 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