May 15, 2020  Terry’s Tips Trade Alert #2 –  Honey Badger  Portfolio

 

We will continue rolling over:

 

BTC 10 MSFT 15May20 182.5 puts (MSFT200515P182.5)

STC 10 MSFT 22May20 182.5 puts (MSFT200522P182.5) for a credit of $2.25 (selling a calendar)

 

BTC 3 MSFT 15May20 182.5 puts (MSFT200515P182.5)

STO 3 MSFT 22May20 182.5 puts (MSFT200522P182.5) for a credit of $2.25 (selling a calendar)

                                                         

BTO 5 MSFT 05Jun20 182.5 calls (MSFT200605C185)

STO 5 MSFT 22May20 182.5 calls (MSFT200522C185) for a debit of $2.22  (buying a calendar)

 

BTO 8 MSFT 05Jun20 180 puts (MSFT200605P180)

STO 8 MSFT 22May20 180 puts (MSFT200522P180) for a debit of $2.30  (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