Buy KORS via selling Jun 55 puts @65.0
Buy LGF via selling Jul 25 puts @30.0
Luxury goods maker and seller Kors had earnings the other day, and Lions Gate Entertainment today. These are more of my so-called worm trades, puts way out of the money, sold for tiny premiums. I missed a better entry on LGF as the stock rallied up before my order went through, even though I was on the bid. For both of these, I would consider doubling down if they dip, depending on what causes a dip.
Long APC BA BRKB HOT IWM KORS LGF NTAP PG SBUX
Net long SPY