Bausch Health Companies Inc (BHC)

[JLS]

SLV Update,

was a little slow looking at things but finally got around to selling SLV Jan 5 '18 14.50 Puts for $0.06. So now my cost of entering the total trade is only $0.06. If I remembered to monitor SLV earlier this morning I would have sold the Puts before buying the Calls and thereby gotten a better entry cost for the two legs of the total trade.

Now I'll wait for price to go even higher this week or next week then sell Calls above my entry Call strike. That's a desire, not a guarantee.

And now that I see that price is falling, I'm hoping that it closes the day above SMA(8).