March 23, 2020  Terry’s Tips Trade Alert  –  Honey Badger  Portfolio

 

These are a start to the calendar spreads we will place.  We are reserving cash for other spreads later:

 

BTO 5 MSFT 9Apr20 125 puts (MSFT200409P125)
STO 5 MSFT 27Mar20 125 puts (MSFT200327P125) for a debit of $2.30  (buying a calendar)

BTO 5 MSFT 9Apr20 130 puts (MSFT200409P130)
STO 5 MSFT 27Mar20 130 puts (MSFT200327P130) for a debit of $2.50  (buying a calendar)

BTO 5 MSFT 9Apr20 135 calls (MSFT200409C135)
STO 5 MSFT 27Mar20 135 calls (MSFT200327C135) for a debit of $2.60  (buying a calendar)

BTO 5 MSFT 9Apr20 140 calls (MSFT200409C140)
STO 5 MSFT 27Mar20 140 calls (MSFT200327C140) for a debit of $2.45  (buying a calendar)

BTO 5 MSFT 9Apr20 145 calls (MSFT200409C145)
STO 5 MSFT 27Mar20 145 calls (MSFT200327C145) for a debit of $2.13  (buying 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