June 12, 2020  Terry’s Tips Trade Alert  - Honey  Badger   Portfolio

 

These trades will get us set up for next week:

 

BTC 1 IBM 12Jun20 133 call (IBM200612C133) for $.01 (no commission)

 

BTC 2 IBM 12Jun20 131 calls (IBM200612C131) for $.03 (no commission)

 

STO 2 IBM 19Jun20 123 calls (IBM200619C123) for $2.02

 

BTO 1 IBM 16Oct20 125 call (IBM201016C125)

STC 1 IBM 16Oct20 130 call (IBM201016C130) for a debit of $2.15  (buying a vertical)

 

BTO 1 IBM 16Oct20 120 call (IBM201016C120)

STC 1 IBM 16Oct20 130 call (IBM201016C130) for a debit of $4.60  (buying a vertical)

 

BTC 1 IBM 19Jun20 124 put (IBM200619P124)

STO 1 IBM 26Jun20 125 put (IBM200626P125) for a credit of $1.68 (selling a diagonal)

 

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

 

Happy trading.

Terry