October 29, 2020  Terry’s Tips Trade  Alert – Honey Badger Portfolio

 

We might roll this over today just in case someone might be tempted to exercise:

 

BTC 2 AZN 30Oct20 52 puts (AZN201030P52) (100%)

STO 2 AZN 13Nov20 52 puts (AZN201113P52) for a credit of $1.35 (selling a diagonal)  

 

BTO 1 AZN 15Jan21 50 call (AZN210115C50)

STO 1 AZN 06Nov20 51.5 call (AZN201106C51.5) for a debit of $2.80 (buying a diagonal)

 

BTO 2 AZN 15Jan21 50 puts (AZN210115P50)
STO 2 AZN 06Nov20 51.5 puts (AZN201106P51.5) for a debit of $1.45 (buying 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