May 1, 2020  Terry’s Tips Trade Alert  #2 –  Honey Badger  Portfolio

 

We might as well roll these over now and get more neutral net delta:

 

BTC 5 MSFT 01May20 180 calls (MSFT200501C180)
STO 5 MSFT 08May20 180 calls (MSFT200508C180) for a credit of $2.05 (selling a calendar)

 

BTC 5 MSFT 01May20 180 puts (MSFT200501P180)
STO 5 MSFT 08May20 180 puts (MSFT200508P180) for a credit of $2.05 (selling a calendar)

BTO 5 MSFT 22May20 180 calls (MSFT200522C180)
STO 5 MSFT 08May20 180 calls (MSFT200508C180) for a debit of $2.18  (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