We are looking to act on the following credit spreads.
We are recommending the following order for our Portfolio #1in
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.
We are recommending the following order for our Portfolio #2in
We are placing a BUY STOP order to close out our BWLD Short September 80 call at $2.95 and
if that BWLD SEPTEMBER 80 call stop is triggered, we will then Sell our Long BWLD 85 call to close at the Market which would close out our BWLD call spread.
If the BWLD stop is not triggered we will, of course, continue to hold the position.