Subject: August 17, 2017 Trade Alert #2 - Wiley Wolf Portfolio
August 17, 2017 Trade Alert #2 - Wiley Wolf Portfolio
We need to generate some cash and lower our net delta as well:
BTC 1 FB 18Aug17 172.5 calls (FB170818C172.5)
STO 1 FB 25Aug17 167.5 calls (FB170825C167.5) for a credit of $2.20 (selling a diagonal)
Be prepared to change this price limit by $.05 or more in order to get an execution.
Happy trading.
Terry
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