July 19, 2017  Trade Alert  -   Honey Badger  Portfolio

We can close this out for almost the maximum possible gain, and AMAT has been good to us twice already this year (and still looks strong):

BTC 3 LRCX 21Jul17 150 puts (LRCX170721P150) for a limit of $.05 (no commission)

If that trade executes:

BTO 8 AMAT 1Sep17 44 puts (AMAT170901P44)
STO 8 AMAT 1Sep17 46 puts (AMAT170901P46) for a credit of $.65  (selling a vertical)

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

Happy trading.

 

Terry