October 23, 2020  Terry’s Tips Trade  Alert –  Honey Badger Portfolio

 

These trades will get us set up for next week:

 

BTC 3 AZN 23Oct20 52.5 puts (AZN201023P52.5) (100%)
STO 3 AZN 06Nov20 52.5 puts (AZV201106P52.5) for a credit of $1.33 (selling a calendar)

BTC 3 AZN 23Oct20 55 puts (AZN201023P55) (100%)

STO 3 AZN 23Oct20 52.5 puts (AZN201023P52.5)

BTO 3 AZN 15Jan21 52.5 puts (AZN210115P52.5)

STC 3 AZN 15Jan21 55 puts (AZN210115P55) (100%) for a debit of $.50 (buying a vertical roll)

 

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

Happy trading.

Terry