Subject: December 2, 2014 Trade Alert - BABA Black Sheep Portfolio

December 2, 2014 Trade Alert - BABA Black Sheep Portfolio

These will be the starting positions for this new portfolio:

BTO 1 BABA Jul-15 105 call (BABA150717C105)
STO 1 BABA Dec2-14 108 call (BABA141212C108) for a debit of $12.65  (buying a diagonal)

BTO 1 BABA Jul-15 105 call (BABA150717C105)
STO 1 BABA Dec-14 109 call (BABA141220C109) for a debit of $12.35  (buying a diagonal)

BTO 1 BABA Jul-15 110 call (BABA150717C110)
STO 1 BABA Dec4-14 110 call (BABA141226C110) for a debit of $9.40  (buying a calendar)

BTO 1 BABA Jul-15 110 call (BABA150717C110)
STO 1 BABA Jan1-15 111 call (BABA150102C111) for a debit of $10.45  (buying a diagonal)

Be prepared to change these price limits by $.10 or more in order to get an execution.

Happy trading.
 
Terry

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