We are looking to act on the following credit spreads.
We are recommending the following order for our Portfolio #1
We are looking to close the LLY 44/46 call spread for a NET DEBIT of $1.75. ( The BID/ASK s $1.70 - $1.80)
We will always try and split the BID/ASK to initially get the fill, if not we will fill at $1.80, unless we open lower or course, but we will be closing the position tomorrow.
We are recommending the following order for our Portfolio #2
We are placing a BUY STOP order that probably will close out our BWLD Short September 80 call at $2.95 and if that BWLD SEPTEMBER stop is triggered, we will then Sell our Long BWLD 85 call to close at the Market.
In the event that the BUY STOP is not triggered we will continue to hold the position.