Subject: March 16, 2018 Trade Alert - Honey Badger Portfolio

March 16, 2018 Trade Alert -  Honey Badger Portfolio 

The stock has shown the least bit of life and we should establish at least one lower-strike spread:

STC 2 YY 13Apr18 135 calls (YY180413C135) for a limit of $1.10

If that executes:

BTO 1 YY 20Apr18 120 call (YY180420C120)
STC 1 YY 20Apr18 135 call (YY180420C135) for a debit of $4.08 (buying a vertical)

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

STO 1 YY 23Mar18 120 call (YY180323C120) for a limit of $1.90

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.