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

To unsubscribe from this newsletter, please visit http://www.terrystips.com/login and update your portfolio.