Subject: February 7, 2018 Trade Alert #3 - Honey Badger Portfolio

February 7, 2018 Trade Alert #3 -  Honey Badger Portfolio   

We can collect some nice premium and add on a new spread:

BTC 1 YY 09Feb18 128 call (YY180209C128)

STO 1 YY 16Feb18 123 call (YY180216C123) for a credit limit of $3.50 (selling a diagonal)  

If that executes:

BTO 1 YY 23Mar18 122 call (YY180323C122)

STO 1 YY 16Feb18 122 call (YY180216C122) for a debit of $5.82 (buying a calendar) 

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

Happy trading.

Terry

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