April 29, 2016  Trade Alert #2 -  Foxy Facebook  Portfolio

These trades will get us set up for next week:

 

BTC 3 FB APR5 16 111 calls (FB160429C111)
STC 3 FB Jun-16 110 calls (FB160617C110) for a credit of $3.03  (selling a diagonal)

BTC 2 FB APR5 16 112 calls (FB160429C112)
STC 2 FB Jun-16 110 calls (FB160617C110) for a credit of $4.03  (selling a diagonal)

BTC 2 FB APR5 16 113 calls (FB160429C113)

STO 2 FB 6MAY16 118 calls (FB160506C118) for a debit of $2.50  (selling a diagonal)

 

BTC 1 FB APR5 16 113 call (FB160429C113)

STO 1 FB 6MAY16 117 call (FB160506C117) for a debit of $2.08  (selling a diagonal)

 

BTO 3 FB 15JUL16 120 calls (FB160715C120)

STO 3 FB 13MAY16 120 calls (FB160513C120) for a debit of $2.94  (buying a calendar)

 

BTO 3 FB 15JUL16 120 calls (FB160715C120)

STO 3 FB 6MAY16 119 calls (FB160506C119) for a debit of $3.18  (buying a diagonal)

 

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

 
Happy trading.

 

Terry