April 18, 2017  Trade Alert - Wiley Wolf  Portfolio

 

We have become negative net delta:

 

BTC 3 FB 21Apr17 140 calls (FB170421C140)

 

STO 3 FB 05May17 144 calls (FB170505C144) for a credit of $.42  (selling a diagonal)

 

BTC 2 FB 21Apr17 140 calls (FB170421C140)

 

STO 2 FB 28Apr17 144 calls (FB170428C144) for a debit of $1.37  (selling a diagonal)

 

BTO 1 FB 16Jun17 145 call (FB170616C145)

 

STC 1 FB 16Jun17 135 call (FB170616C135) for a credit of $5.87  (selling a vertical)

 

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

 

Happy trading.

 

Terry