Subject: May 11, 2017 Trade Alert - Honey Badger Portfolio – limit order

May 11, 2017 Trade Alert  -   Honey Badger  Portfolio – limit order

If we can close out the ULTA spread for only a dime, we might add on a new spread using another top IBD selection.

BTC 4 ULTA 19May17 280 puts (ULTA170519P280)
STC 4 ULTA 19May17 275 puts (ULTA170519P275) for a debit limit of $.10  (buying a vertical)

If that trade executes:

BTO 4 AVGO 23Jun17 220 puts (AVGO170623P220)
STO 4 AVGO 23Jun17 225 puts (AVGO170623P225) for a credit of $1.65  (selling a vertical)

Happy trading.

Terry

 

 

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