July 12, 2018 Terry’s Tips Trade Alert  – Honey Badger  Portfolio

We need to move to higher strikes:

BTO 1 MSFT 24Aug18 102 put (MSFT180824P102)
STC 1 MSFT 24Aug18 98 put (MSFT180824P98) for a debit of $1.12  (buying a vertical)  

BTC 1 MSFT 20Jul18 101 put (MSFT180724P101) 
STO 1 MSFT 20Jul18 105 put (MSFT180724P105) for a credit of $1.52 (selling a vertical) 

BTO 1 MSFT 24Aug18 109 call (MSFT180824C109)
STC 1 MSFT 24Aug18 106 call (MSFT180824C106) for a credit of $1.02 (selling a vertical) 

BTC 1 MSFT 20Jul18 103 calls(MSFT180724C103)
STO 1 MSFT 20Jul18 106 call (MSFT180724C106) for a debit of $1.55  (buying a vertical) 

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

Terry