Subject: June 26, 2020 Terry’s Tips Trade Alert #2 – Honey Badger Portfolio
June 26, 2020 Terry’s Tips Trade Alert #2 – Honey Badger Portfolio
We can use our excess cash to buy a spread:
BTO 1 IBM 16Oct20
115 call (IBM201016C115)
STO 1 IBM 10Jul20
115 call (IBM200710C115) for a debit of $5.00 (buying a calendar)
Be prepared to change this (these) price limit(s) by $.05 or more in order to
get an execution.
Happy trading.
Terry
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