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

The stock has moved higher, making us negative net delta once again:

 

BTC 3 FB 02Sep16 124 calls (FB160902C124)
STO 3 FB 09Sep16 126 calls (FB160909C126) for a debit of $.89  (selling a diagonal)

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

 
Happy trading.

 

Terry