December 29,2017 Trade Alert - Wiley Wolf Portfolio

 

These trades will start getting us set up for next week:

 

BTC 3 FB 29Dec17 177.5 calls (FB171229C177.5)

STO 3 FB 05Jan18 177.5 calls (FB180105C177.5) for a credit limit of $1.30 (selling a calendar)

 

BTC 3 FB 29Dec17 180 calls (FB171229C180) for $.02 (no commission)

STO 3 FB 05Jan18 180 calls (FB180105C180) for a credit of $ .52 (selling a calendar)

 

If the above trades execute:

 

BTO 2 FB 16Mar18 180 calls (FB180316C180)

STC 2 FB 16Feb18 180 calls (FB180216C180) for a debit of $1.42  (buying a calendar)

 

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

 

Happy trading.

 

Terry