April 24, 2020  Terry’s Tips Trade Alert #2 –  Honey  Badger Portfolio

 

These trades will make us neutral net delta:

 

BTC 4 MSFT 24Apr20 167.5 calls (MSFT200424C167.5)    

STO 4 MSFT 01May20 167.5 calls (MSFT200501C167.5) for a credit of $2.70 (selling a calendar)  

 

BTO 5 MSFT 15May20 180 calls (MSFT200515C180)

STO 5 MSFT 01May20 180 calls (MSFT200501C180) for a debit of $1.93  (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