March 31, 2020  Terry’s Tips Trade Alert #2 –  Honey Badger  Portfolio

 

We will use our cash to buy a spread at a higher strike than the stock price:

BTO 4 MSFT 24Apr20 162.5 calls (MSFT200424C162.5)
STO 4 MSFT 03Apr20 162.5 calls (MSFT200403C162.5) for a debit of $4.50  (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