May 8, 2020  Terry’s Tips Trade Alert #3 –  Honey  Badger  Portfolio

 

We will roll everything over now and establish new spreads with another Trade Alert:

 

BTC 18 MSFT 08May20 185 calls (MSFT200508C185)

STC 18 MSFT 15May20 185 calls (MSFT200515C185) for a credit of $2.00 (selling a calendar)

 

Note: 5 of the 15May20 185 calls are STO

 

BTC 10 MSFT 08May20 182.5 puts (MSFT200508P182.5)

STO 10 MSFT 15May20 182.5 puts (MSFT200515P182.5) for a credit of $1.95 (selling a calendar)

 

BTC 4 MSFT 08May20 182.5 calls (MSFT200508C182.5)

STC 4 MSFT 15May20 182.5 calls (MSFT200515C182.5) for a credit of $1.95 (selling 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