October 18, 2019  Terrys Tips Trade Alert – Honey Badger  Portfolio

     

We will roll out to the 11/22 series because there are more strikes available than for the regular monthly series:

 

BTC 2 COST 18Oct19 300 puts (COST191018P300)

STO 2 COST 22Nov19 300 puts (COST191122P300) for a credit of $4.98 (selling a calendar)

 

BTC 1 COST 18Oct19 300 call (COST191018C300)

STO 1 COST 22Nov19 305 call (COST191122C305) for a credit of $2.20 (selling a diagonal)

 

BTC 1 COST 25Oct19 300 call (COST191018C300)

STO 1 COST 22Nov19 305 call (COST191122C305) for a credit of $.75 (selling a diagonal)

 

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

 

Happy trading.

 

 Terry