February 6, 2018 Trade Alert #2 -  Wiley Wolf  Portfolio 

 

These trades will also increase theta and also allow us to continue to be solidly long net delta:

 

BTO 2 FB 16Mar18 185 calls (FB180316C185)

 

STC 2 FB 16Mar18 195 calls (FB180316C195) for a debit of $3.30  (buying a vertical)

 

BTC 1 FB 09Feb18 195 call (FB180209C195)

 

STC 1 FB 02Mar18 195 call (FB180302C195) for a credit of $1.50 (selling a calendar)

 

BTC 1 FB 09Feb18 195 call (FB180209C195)

 

STC 1 FB 16Mar18 195 call (FB180316C195) for a credit of $2.55 (selling a calendar)

 

BTC 1 FB 09Feb18 192.5 call (FB180209C192.5)

 

STO 1 FB 16Feb18 185 call (FB180216C185) for a credit of $2.60  (selling a diagonal)

 

BTC 1 FB 09Feb18 192.5 call (FB180209C192.5)

 

STO 1 FB 09Feb18 185 call (FB180209C185) for a credit of $1.25  (selling a vertical)

 

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

 

Happy trading. 

 

Terry