February 23, 2018 Trade Alert -  Wiley Wolf  Portfolio 

 

We have become negative net delta:

 

BTC 3 FB 23Feb18 177.5 calls (FB180223C177.5)

 

STO 3 FB 02Mar18 180 calls (FB180302C180) for a debit of $.87  (selling a diagonal)

 

BTC 2 FB 23Feb18 180 calls (FB180223C180)

 

STO 2 FB 02Mar18 180 calls (FB180302C180) for a credit of $1.50 (selling a calendar)

 

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

 

Happy trading. 

 

Terry