March 26, 2020  Terry’s Tips Trade Alert   – Honey Badger  Portfolio

 

The stock has rallied while we were hoping otherwise:

BTC 5 MSFT 27Mar20 135 calls (MSFT200327C135)
STC 5 MSFT 9Apr20 135 calls (MSFT200409C135) for a credit of $2.15 (selling a calendar)

BTC 5 MSFT 27Mar20 140 calls (MSFT200327C140)
STO 5 MSFT 3Apr20 140 calls (MSFT200403C140) for a credit of $1.75 (selling a calendar)

BTO 5 MSFT 9Apr20 155 calls (MSFT200409C155)
STO 5 MSFT 27Mar20 155 calls (MSFT200327C155) for a debit of $4.30  (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