July 9, 2018 Terry’s Tips Trade Alert– Honey Badger Portfolio

This is the earnings play we discussed in the Saturday Report:

BTO 1 MSFT 24Aug18 98 put (MSFT180824P98)
STO 1 MSFT 20Jul18 101 put (MSFT180724P101) for a credit of $.02 (buying a diagonal) 

BTO 1 MSFT 24Aug18 106 call (MSFT180824C106)
STO 1 MSFT 20Jul18 103 call (MSFT180724C103) for a credit of $.09 (buying a diagonal) 

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

Happy trading.

Terry