December 3, 2014  Trade Alert -  BABA Black Sheep  Portfolio

All of our short positions are now in the money and we need to get longer:

 

BTC 1 BABA Dec2-14 108 call (BABA141212C108)

STO 1 BABA Jan2-15 114 call (BABA150109C114) for a debit of $.55  (selling a diagonal) 

 

BTC 1 BABA Dec-14 109 call (BABA141220C109) 

STO 1 BABA Dec-14 113 call (BABA141220C113) for a debit of $1.95  (buying a vertical) 

 

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

 
Happy trading. 

 

Terry