Subject: September 18, 2017 Trade Alert - Honey Badger Portfolio – limit orders
September 18, 2017 Trade Alert - Honey Badger Portfolio – limit orders
AMAT and LRCX seem to be good additions. They both rank highly on IBD’s Top 50 list and are selling at reasonable p/e ratios:
BTO
8 AMAT 17Nov17 46 puts (AMAT171117P46)
STO 8 AMAT 17 Nov 17 48 puts (AMAT171117P48) for a credit limit of $.76
(selling a vertical)
BTO
4 LRCX 17 Nov 17 170 puts (LRCX171117P170)
STO 4 LRCX 17 Nov 17 175 puts (LRCX171117P175) for a credit limit of $1.85
(selling a vertical)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
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