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