May 1, 2020  Terry’s Tips Trade Alert #3 –  Honey  Badger  Portfolio

 

We will continue along:

BTC 5 MSFT 01May20 177.5 calls (MSFT200501C177.5)
STO 5 MSFT 08May20 177.5 calls (MSFT200508C177.5) for a credit of $2.22 (selling a calendar)

BTO 5 MSFT 22May20 170 puts (MSFT200522P170)
STO 5 MSFT 08May20 170 puts (MSFT200508P170) for a debit of $2.60  (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