August 29, 2016  Trade Alert #3 -  Foxy Facebook  Portfolio

We should raise a little cash in case we need it to roll some short calls to higher strikes:

 

BTO 1 FB 20Jan17 125 call (FB170120C125)
STC 1 FB 16Dec16 120 call (FB161216C120) for a credit of $1.83  (buying a diagonal)

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

 
Happy trading.

 

Terry