May 8, 2020  Terry’s Tips Trade Alert #4 –  Honey  Badger  Portfolio

 

These trades will get us set up for next week and leave some cash for adjustments if they become necessary:

 

BTO 7 MSFT 29May20 185 calls (MSFT200529C185)

STO 7 MSFT 15May20 185 calls (MSFT200515C185) for a debit of $1.76  (buying a calendar)  

BTO 8 MSFT 29May20 187.5 calls (MSFT200529C187.5)

STO 8 MSFT 15May20 187.5 calls (MSFT200515C187.5) for a debit of $1.57  (buying a calendar)  

 

BTO 5 MSFT 29May20 190 calls (MSFT200529C190)

STO 5 MSFT 15May20 190 calls (MSFT200515C190) for a debit of $1.27  (buying a calendar)  

 

BTO 7 MSFT 29May20 180 puts (MSFT200529P180)

STO 7 MSFT 15May20 180 puts (MSFT200515P180) for a debit of $2.02  (buying a calendar)  

 

BTO 3 MSFT 29May20 182.5 puts (MSFT200529P182.5)

STO 3 MSFT 15May20 182.5 puts (MSFT200515P182.5) for a debit of $2.20  (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