August 18, 2020  Terry’s Tips Trade Alert – Honey Badger  Portfolio

 

We are still negative net delta and this short call is well in-the-money:

BTC 1 AZN 21Aug20 55 call (AZN200821C55)
STO 1 AZN 11Sep20 56.5 call (AZN200911C56.5) for a credit of $.12 (selling a diagonal)

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

 

Happy trading.

Terry