August 7, 2017  Trade Alert - Wiley Wolf  Portfolio

We have become negative net delta:

BTC 4 FB 11Aug17 167.5 calls (FB170811C167.5)

STO 4 FB 18Aug17 172.5 calls (FB170818C172.5) for a debit of $2.68  (selling a diagonal)

BTC 6 FB 11Aug17 170 calls (FB170811C170)

STO 6 FB 18Aug17 172.5 calls (FB170818C172.5) for a debit of $.63  (selling a diagonal)

BTO 5 FB 20Oct17 170 calls (FB171020C170)

STC 5 FB 20Oct17 165 calls (FB171020C165) for a credit of $3.10  (selling a vertical)

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

Happy trading.

 

Terry