October 7, 2019  Terrys Tips Trade Alert #2 – Honey Badger  Portfolio

We have become negative net delta:

BTC 1 COST 18Oct19 287.5 put (COST191018P287.5)

STO 1 COST 18Oct19 300 put (COST191018P300)

STC 1 COST 19Jun20 290 put (COST200619P290)

BTO 1 COST 19Jun20 300 put (COST200619P300) for a credit of $.66 (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