August 3, 2020 Terry’s Tips Trade Alert – Honey  Badger  Portfolio

We need to get more neutral net delta:

BTC 1 AZN 07Aug20 59 call (AZN200807C59)
STO 1 AZN 07Aug20 56.5 call (AZN200807C56.5) for a credit of $.39 (selling a vertical)

BTC 1 AZN 07Aug20 57 put (AZN200807P57)

STO 1 AZN 07Aug20 55.5 put (AZN200807P55.5) for a debit of $.82  (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