Subject: December 15, 2014 Trade Alert - BABA Black Sheep Portfolio
December 15, 2014 Trade Alert - BABA Black Sheep Portfolio
This trade will increase theta nicely and leave us plenty positive net delta:
BTC 1 BABA JAN2 15 114 call (BABA150109C114)
STO 1 BABA JAN2 15 109 call (BABA150109C109) for a credit of $1.40 (selling a vertical)
Be prepared to change this price limit by $.05 or more in order to get an execution. .
Happy trading.
Terry
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