Subject: June 21, 2017 Trade Alert - Honey Badger Portfolio

June 21, 2017  Trade Alert  -   Honey Badger  Portfolio

These trades will use out our spare cash.  ANET is trading at about $156.50 and BABA is trading about $140:

BTO 3 ANET 21Jul17 150 puts (ANET170721P150)
STO 3 ANET 21Jul17 155 puts (ANET170721P155) for a credit of $1.75 (selling a vertical)

BTO 5 BABA 28Jul17 136 puts (BABA170728P136)
STO 5 BABA 28Jul17 139 puts (BABA170728P139) for a credit of $1.25 (selling a vertical)

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

Happy trading.

Terry

To unsubscribe from this newsletter, please visit http://www.terrystips.com/login and update your portfolio.