May 5, 2020  Terry’s Tips Trade Alert #4 –  Honey Badger  Portfolio

 

We are still negative net delta:

BTC 5 MSFT 08May20 180 calls (MSFT200508C180)
STO 5 MSFT 08May20 185 calls (MSFT200508C185)
BTO 5 MSFT 22May20 185 calls (MSFT200522C185)
STC 5 MSFT 22May20 180 calls (MSFT200522C180) for a credit of $.01 (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