April 17, 2015  Trade Alert -  BABA Black Sheep  Portfolio

Time to get set up for next month:

 

BTC 1 BABA Apr-15 85 call (BABA150417C85) for $.02 (no commission)

STO 1 BABA May-15 85 call (BABA150515C85) for $2.06

BTC 1 BABA May-15 90 call (BABA150515C90)
STO 1 BABA May-15 85 call (BABA150515C85) for a credit of $1.20  (selling a vertical)

 

BTO 1 BABA Sep-15 85 call (BABA150918C85)
STO 1 BABA May-15 85 call (BABA150515C85) for a debit of $3.25  (buying a calendar)

 

Be prepared to change these price limits by $.05 or more in order to get an execution.

 
Happy trading.

 

Terry