August 2, 2017  Trade Alert  -   Honey Badger  Portfolio

People are getting assigned the short IDXX 170 put.  If that happened to you, sell the puts in your account at the market and sell the proper number of 165 puts. Otherwise, we should exit the spread to avoid the hassle of future assignments:

BTC 3 IDXX 18Aug17 170 puts (IDXX170818P170)
STC 3 IDXX 18Aug17 165 puts (IDXX170818P165) for a debit of $4.95  (buying a vertical)

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

 

Terry