January 3, 2018 Trade Alert – Honey Badger Portfolio

There is essentially no remaining premium in our short calls (all of which are deep in the money):

BTC 1 YY 05Jan18 115 call (YY180105C115)
STC 1 YY 16Feb18 100 call (YY180216C100) for a credit of $16.00 (selling a diagonal)

BTC 1 YY 05Jan18 117 call (YY180105C117)
STO 1 YY 12Jan18 122 call (YY180112C122) for a debit of $1.29 (selling a diagonal)

BTC 1 YY 05Jan18 116 call (YY180105C116)
STO 1 YY 05Jan18 122 call (YY180105C122) for a debit of $3.90 (buying a vertical)

BTO 1 YY 16Feb18 115 call (YY180216C115)
STO 1 YY 12Jan18 123 call (YY180112C123) for a debit of $8.32 (buying a diagonal)

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

Happy trading.

 

Terry