August 12, 2016  Trade Alert -  Foxy Facebook  Portfolio

These trades will get us set up for next week:

 

BTC 3 FB 12Aug16 124 calls (FB160812C124)
STO 3 FB 26Aug16 124 calls (FB160826C124) for a credit of $1.08  (selling a calendar)

BTC 3 FB 12Aug16 125 calls (FB160812C125)
STO 3 FB 19Aug16 125 calls (FB160819C125) for a credit of $.74  (selling a calendar)

BTC 2 FB 12Aug16 126 calls (FB160812C126) for $.02 (no commission)

STO 2 FB 19Aug16 123 calls (FB160819C123) for $2.16

BTO 2 FB 16Dec16 120 calls (FB161216C120)
STC 2 FB 16Sep16 120 calls (FB160916C120) for a debit of $4.53  (buying a calendar)

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

 
Happy trading.

 

Terry