April 26, 2018 Terry’s Tips Trade Alert #2 - Wiley Wolf  Portfolio

We are still seriously negative net delta:

BTC 3 FB 27Apr18 165 calls (FB180427C165)
STO 3 FB 04May18 175 calls (FB180504C175) for a debit of $6.41(selling a diagonal)

BTO 3 FB 01Jun18 175 calls (FB180601C175)
STC 3 FB 01Jun18 165 calls (FB180601C165) for a credit of $6.44 (selling a vertical)

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

Happy trading.

Terry