October 20, 2020  Terry’s Tips Trade  Alert #2 –  Honey Badger Portfolio

 

The vertical roll cost more than we expected:

 

BTC 2 AZN 23Oct20 55 calls (AZN201023C55)

STO 2 AZN 06Nov20 55 calls (AZN201106C55) for a credit of $.80 (selling 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