November 5, 2020  Terry’s Tips Trade  Alert #2 –  Honey Badger Portfolio

 

These trades will make us more neutral net delta:

 

BTC 2 AZN 06Nov20 51.5 puts (AZN201106P51.5) for $.05 (100%)

 

STO 2 AZN 04Dec20 55 puts (AZN201204P55) for $1.55

 

BTO 2 AZN 15Jan21 55 puts (AZN210115P55)

STC 2 AZN 15Jan21 52.5 puts (AZN210115P52.5) for a debit of $1.15  (buying a vertical) (50%)

 

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

Happy trading.

Terry