Subject: March 20, 2017 Trade Alert #4 - Honey Badger Portfolio – cancellation and limit order for new spread

March 20, 2017  Trade Alert  #4 -   Honey Badger  Portfolio – cancellation and limit order for new spread 

Since we could not get a decent execution on the ULTA spread, we will switch to a different underlying:

BTO 2 AMAT 19May17 36 puts (AMAT170519P36)

STO 2 AMAT 19May17 39 puts (AMAT170519P39) for a credit limit of $.84  (selling a vertical)

Happy trading.

 

Terry

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