February 7, 2018 Trade Alert #3 -  Wiley Wolf  Portfolio 

We are too long.

BTO 2 FB 23Mar18 180 calls (FB180316C180)
STC 2 FB 23Mar18 190 calls (FB180316C190) for a debit of $4.47 (buying a vertical)

BTC 1 FB 09Feb18 185 call (FB180209C185)
STO 1 FB 16Feb18 180 calls (FB180216C180) for a credit of $3.89 (selling a diagonal) 

BTC 2 FB 09Feb18 190 calls (FB180209C190)
STO 2 FB 16Feb18 180 calls (FB180216C180) for a credit of $4.75 (selling a diagonal)

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

Happy trading.

 

Terry