February 3, 2017 Trade Alert - Wiley Wolf Portfolio

These trades will start the process of rolling over to next week and makes us more neutral net delta:

BTC 3 FB 03Feb17 130 calls (FB170203C130)

STO 3 FB 10Feb17 132 calls (FB170210C132) for a debit of $.55 (selling a diagonal)

BTC 1 FB 03Feb17 135 call (FB170203C135) for $.03 (no commission)

STO 1 FB 10Feb17 133 call (FB170210C131) for $1.35

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

Happy trading.

 

Terry