February 1, 2018 Trade Alert-  Honey Badger Portfolio

 

We can sell a little nice premium for next week and add on a new spread:

 

BTC 2 YY 02Feb18 141 calls (YY180202C141)

STO 2 YY 09Feb18 137 calls (YY180209C137) for a credit of $3.60 (selling a diagonal)

 

BTO 1 YY 23Mar18 132 call (YY180323C132)

STO 1 YY 09Feb18 137 call (YY180209C137) for a debit of $9.80 (buying a diagonal)

 

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

 

Happy trading.

 

 

Terry