April 20, 2017  Trade Alert - Wiley Wolf  Portfolio

We are on the verge of becoming negative net delta:

BTC 1 FB 21Apr17 142 call (FB170421C142)

STO 1 FB 28Apr17 145 call (FB170428C145) for a debit of $.92  (selling a diagonal)

BTC 2 FB 28Apr17 141 calls (FB170428C141)

STO 2 FB 05May17 145 calls (FB170505C145) for a debit of $.55  (selling a diagonal)

BTO 1 FB 16Jun17 145 call (FB170616C145)

STC 1 FB 16Jun17 140 call (FB170616C140) for a credit of $2.85  (selling a vertical)

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

Happy trading.

Terry