August 8, 2018 Terry’s Tips Trade – Wiley Wolf  Portfolio

The stock is up a bit and we should salvage a little:

STC 3 FB 31Aug18 207.5 calls (FB180831C207.5) for $.21

STC 3 FB 31Aug18 210 calls (FB180831C210) for $.15

STC 3 FB 31Aug18 215 calls (FB180831C215) for $.08

BTC 1 FB 10Aug18 180 call (FB180810C180)
STO 1 FB 10Aug18 187.5 call (FB180810C187.5) for a debit of $5.28 (buying a vertical)

BTO 1 FB 14Sep18 187.5 call (FB180914C187.5)
STC 1 FB 14Sep18 180 call (FB180914C180) for a credit of $4.37 (selling a vertical)

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

Happy trading.

Terry