September 25, 2020  Terry’s Tips Trade  Alert  –  Honey Badger Portfolio

 

These trades will get us set up for next week:

 

BTC 2 AZN 25Sep20 55 puts (AZN200925P55)
STO 2 AZN 09Oct20 55 puts (AZN201009P55) for a credit of $1.12 (selling a calendar)

 

BTC 2 AZN 25Sep20 55.5 puts (AZN200925P55.5)
STO 2 AZN 02Oct20 54.5 puts (AZN201002P54.5) for a debit of $.32 (selling a diagonal)

 

BTC 2 AZN 25Sep20 56 calls (AZN200925C56) for $.05

 

STO 2 AZN 02Oct20 55 calls (AZN200902C55) for $.85

 

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

Happy trading.

Terry