May 5, 2020  Terry’s Tips Trade Alert #3 – Honey Badger  Portfolio

 

We are still negative net delta:

BTC 5 MSFT 08May20 177.5 calls (MSFT200508C177.5)
STO 5 MSFT 08May20 185 calls (MSFT200508C185)
BTO 5 MSFT 15May20 185 calls (MSFT200515C185)
STC 5 MSFT 15May20 177.5 calls (MSFT200515C177.5) for a debit of $.20 (selling a vertical roll)

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

 

Happy trading.

Terry