June 19, 2020  Terry’s Tips Trade Alert –  Honey  Badger  Portfolio

 

These trades will get us set up for next week:

 

BTC 1 IBM 19Jun20 127 call (IBM200619C127) for $.03 (no commission)

 

BTC 1 IBM 19Jun20 128 call (IBM200619C128) for $.02 (no commission)

 

BTC 1 IBM 19Jun20 130 call (IBM200619C130) for $.02 (no commission)

 

STO 2 IBM 26Jun20 123 calls (IBM200626C123) for $2.68

 

STO 1 IBM 26Jun20 125 call (IBM200626C125) for $1.70

 

BTO 1 IBM 16Oct20 120 call (IBM201016C120)

STC 1 IBM 16Oct20 130 call (IBM201016C130) for a debit of $4.95  (buying a vertical)

 

BTO 1 IBM 16Oct20 125 call (IBM201016C125)

STC 1 IBM 16Oct20 130 call (IBM201016C130) for a debit of $2.25  (buying a vertical)

 

BTC 2 IBM 19Jun20 125 puts (IBM200619P125)

STO 2 IBM 26Jun20 125 puts (IBM200626P125) for a credit of $1.63 (selling a calendar)

 

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

 

Happy trading.

 

Terry