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