December 27, 2016  Trade Alert  -    Wiley Wolf  Portfolio 

The stock is up enough to make selling some premium a decent trade:

 

STO 2 FB 06Jan17 118 call (FB170106C118) for $1.74

STO 2 FB 06Jan17 119 call (FB170106C119) for $1.24 

 

BTO 2 FB 17Mar17 115 calls (FB170317C115)

STC 2 FB 17Mar17 120 calls (FB170317C120) for a debit of $2.77  (buying a vertical)

 

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

 
Happy trading.

 

 

Terry