April 25, 2018 Terry’s Tips Trade Alert #2 – Wiley Wolf  Portfolio

We have some cash which we can put to use:

BTC 1 FB 27Apr18 170 call (FB180427C170)
STO 1 FB 27Apr18 165 call (FB180427C165) for a credit of $1.32  (selling a vertical)

BTO 2 FB 1Jun18 165 calls (FB180601C165)
STO 2 FB 27Apr18 165 calls (FB180427C165) for a debit of $2.40 (buying a calendar) 

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

Happy trading.

Terry