May 11, 2017 Trade Alert  #2  -   Honey Badger  Portfolio

The AMAT spread is almost worthless so we should buy it back and go back to our old friend who has been so good to us so far this year:

BTC 2 AMAT 19May17 39 puts (AMAT170519P39) for $.06

BTO 4 ULTA 16Jun17 290 puts (ULTA170616P290)
STO 4 ULTA 16Jun17 295 puts (ULTA170616P295) for a credit of $2.00  (selling a vertical)

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

Happy trading.

Terry