October 28, 2020  Terry’s Tips Trade  Alert – Honey Badger Portfolio

 

We have become uncomfortably long:

 

BTC 3 AZN 30Oct20 54 calls (AZN201030C54) (100%)

STO 3 AZN 06Nov20 52.5 calls (AZN201106C52.5) for a credit of $1.00 (selling a diagonal)

 

BTC 3 AZN 30Oct20 52.5 puts (AZN201030P52.5) (100%)

STO 3 AZN 06Nov20 51 puts (AZN201106P51) for a credit of $.00 (selling a diagonal)  

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

Happy trading.

Terry