August 6, 2018 Terry’s Tips Trade – Wiley Wolf  Portfolio

Both of our spreads are well in the money:

BTC 1 FB 10Aug18 177.5 call (FB180810C177.5)
STC 1 FB 14Sep18 177.5 call (FB180914C177.5) for a credit of $3.21 (selling a calendar)

BTO 1 FB 14Sep18 185 call (FB180914C185)
STO 1 FB 10Aug18 185 call (FB180810C185) for a debit of $3.48 (buying a calendar)

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

Happy trading.

Terry