April 9, 2018 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

Here are the starting trades for our newly-revamped FB plays:

BTO 1 FB 25May18 160 call (FB180525C160)
STO 1 FB 13Apr18 160 call (FB180413C160) for a debit of $5.65 (buying a calendar)

BTO 2 FB 25May18 162.5 calls (FB180525C162.5)
STO 2 FB 13Apr18 162.5 calls (FB180413C162.5) for a debit of $5.50 (buying a calendar)

BTO 2 FB 25May18 165 calls (FB180525C165)
STO 2 FB 20Apr18 165 calls (FB180420C165) for a debit of $4.10 (buying a calendar)

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

Happy trading.

Terry