Subject: January 4, 2017 Trade Alert - Honey Badger Portfolio
January 4, 2017 Trade Alert - Honey Badger Portfolio
We will get some of these trades going:
Nvidia (NVDA) at $104 and HealthEquity (HQY) at $41 are trading 10% off their recent high and Goldman Sachs (GS) at $242 has been steady after a large recent upward move. All of these companies are ranked highly on IBD’s Top 50 list:
BTO 2 NVDA 17Feb17 95 puts (NVDA170217P95)
STO 2 NVDA 17Feb17 100 puts (NVDA170217P100) for a credit of $2.00 (selling a vertical)
BTO 2 HQY 17Mar17 35 puts (HQY170317P35)
STO 2 HQY 17Mar17 40 puts (HQY170317P40) for a credit of $1.40 (selling a vertical)
BTO 2 GS 21Apr17 230 puts (GS170421P230)
STO 2 GS 21Apr17 240 puts (GS170421 P240) for a credit of $4.00 (selling a vertical)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
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