October 2, 2019 Terrys Tips Trade Alert  – Honey Badger  Portfolio

With the stock down considerably, we will roll one spread down to a lower strike:

BTC 1 COST 04Oct19 295 call (COST191004C295)

STC 1 COST 17Apr20 295 call (COST200417C295)

BTO 1 COST 17Apr20 275 put (COST200417P275)

STO 1 COST 04Oct19 275 put (COST191004P275) for a credit of $.85 (selling a custom iron condor)

         

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

 

Happy trading.

Terry