August 23, 2017  Trade Alert  -   Honey Badger  Portfolio

This is a more conservative play than we typically place in this portfolio because the stock could fall by nearly $5 and the max gain of about 35% would result:

BTO 4 YY 20Oct17 65 puts (YY171020P65)

STO 4 YY 20Oct17 70 puts (YY171020P70) for a credit of $1.35  (selling a vertical)

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

 Happy trading.

Terry