August 29, 2016  Trade Alert #4 -  Foxy Facebook  Portfolio

We have become negative net delta once again:

 

BTC 4 FB 02Sep16 125 calls (FB160902C125)
STO 4 FB 09Sep16 127 calls (FB160907C127) for a debit of $  (selling a diagonal)

BTO 1 FB 20Jan17 125 call (FB170120C125)
STC 1 FB 16Dec16 120 call (FB161216C120) for a credit of $1.97  (buying a diagonal)

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

 
Happy trading.

 

Terry