February 24, 2017  Trade Alert  -   Honey Badger  Portfolio – limit order

We will bite the bullet here if we can get this price.  The stock has dropped over 15% this week and our loss could be greater if it didn’t recover in the next 3 weeks:

BTC 1 IDCC 17Mar17 92.5 put (IDCC170317P92.5)
STC 1 IDCC 17Mar17 87.5 put (IDCC170317P87.5) for a debit limit of $3.85  (buying a vertical)

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

Happy trading.

 

Terry