March 30, 2020  Terry’s Tips Trade Alert  #3 –  Honey Badger  Portfolio

 

We are still too negative net delta. 

BTC 5 MSFT 03Apr20 145 puts (MSFT200403P145)
STC 5 MSFT 17Apr20 145 puts (MSFT200417P145) for a credit of $2.32 (selling a calendar)

BTO 1 MSFT 24Apr20 165 call (MSFT200424C165)

STO 1 MSFT 03Apr20 165 call (MSFT200403C165) for a debit of $4.20  (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