February 13, 2020 Terry’s Tips Trade Alert – Honey Badger Portfolio

We have become negative net delta:

BTC 2 COST 28Feb20 312.5 calls (COST200228C312.5)
STO 2 COST 28Feb20 317.5 calls (COST200228C317.5) for a debit of $3.00 (buying a vertical)

BTO 2 COST 17Jul20 315 calls (COST200717C315)
STC 2 COST 17Jul20 310 calls (COST200717C310) for a credit of $2.80 (selling a vertical)

BTC 1 COST 28Feb20 312.5 put (COST200228P312.5)
STO 1 COST 28Feb20 317.5 put (COST200228P317.5) for a credit of $2.00 (selling a vertical)

BTO 1 COST 17Jul20 320 put (COST200717P320)
STC 1 COST 17Jul20 315 put (COST200717P315) for a debit of $2.35 (buying a vertical)


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

Happy trading.

Terry