April 17, 2020  Terry’s Tips Trade Alert  –  Honey Badger  Portfolio

 

We will roll over to next week and get new spreads established:

 

BTC 5 MSFT 17Apr20 172.5 calls (MSFT200417C172.5)

STO 5 MSFT 24Apr20 172.5 calls (MSFT200424C172.5) for a credit of $2.20 (selling a calendar)

 

BTC 4 MSFT 17Apr20 175 calls (MSFT200417C175)

STO 4 MSFT 24Apr20 175 calls (MSFT200424C175) for a credit of $2.96 (selling a calendar)

 

BTC 5 MSFT 17Apr20 177.5 calls (MSFT200417C177.5)

STO 5 MSFT 24Apr20 177.5 calls (MSFT200424C177.5) for a credit of $2.83 (selling a calendar)

 

BTO 4 MSFT 08May20 180 calls (MSFT200508C180)
STO 4 MSFT 24Apr20 180 calls (MSFT200424C180) for a debit of $3.46  (buying a calendar)    

BTO 4 MSFT 08May20 182.5 calls (MSFT200508C182.5)
STO 4 MSFT 24Apr20 182.5 calls (MSFT200424C182.5) for a debit of $3.24  (buying a calendar)    

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry