May 15, 2020  Terry’s Tips Trade Alert #3 – Honey Badger  Portfolio

 

We will finish rolling over and retain some cash for a new spread or more next week:

 

BTC 4 MSFT 15May20 177.5 puts (MSFT200515P177.5) for $.04 (no commission)

 

STO 4 MSFT 22May20 177.5 puts (MSFT200522P177.5) for $2.03

 

BTO 4 MSFT 05Jun20 177.5 puts (MSFT200605P177.5)

STO 4 MSFT 22May20 177.5 puts (MSFT200522P177.5) for a debit of $2.05  (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