February 22, 2017  Trade Alert #2  - Wiley Wolf  Portfolio

We have become negative net delta once again:

BTC 2 FB 24Feb17 134 calls (FB170224C134)

STO 2 FB 03Mar17 138 calls (FB170303C138) for a debit of $1.69  (selling a diagonal)

BTO 1 FB 16Jun17 135 call (FB170616C135)

STC 1 FB 16Jun17 130 call (FB170616C130) for a credit of $3.02  (selling a diagonal)

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

Happy trading.

 

Terry