February 6, 2018 Trade Alert -  Wiley Wolf  Portfolio 

These trades will 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 $3.62  (buying a vertical)

BTC 2 FB 09Feb18 195 calls (FB180209C195)
STO 2 FB 16Feb18 185 calls (FB180216C185) for a credit of $3.19  (selling a diagonal)

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

Happy trading.

 

Terry