December 7, 2017   Trade Alert #2 - Wiley Wolf  Portfolio

We have become negative net delta once again:

BTC 2 FB 08Dec17 177.5 calls (FB171208C177.5)

STO 2 FB 15Dec17 180 calls (FB171215C180) for a debit of $.15  (selling a diagonal)

BTO 1 FB 16Feb18 180 call (FB180216C180)

STC 1 FB 16Feb18 175 call (FB180216C175) for a credit of $2.66  (selling a vertical)

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

Happy trading.

 

Terry