November 20, 2019  Terry’s Tips Trade Alert  – Honey Badger  Portfolio   

  

We are a little uncomfortably long and can roll over the highest-strike calendar as well as eliminate the maintenance requirement:

BTC 1 COST 22Nov19 310 call (COST191122C310)
STO 1 COST 13Dec19 310 call (COST191213C310) for a credit of $4.12 (selling a calendar)

BTO 1 COST 19Jun20 310 put (COST200619P310)

STC 1 COST 19Jun20 300 put (COST200619P300) for a debit of $4.63  (buying a vertical)

 

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

 

Happy trading.

Terry