February 7, 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 180 calls (FB180316C180)
STC 2 FB 16Mar18 190 calls (FB180316C190) for a debit of $5.02 (buying a vertical)

BTC 1 FB 09Feb18 190 call (FB180209C190)
STO 1 FB 16Feb18 187.5 call (FB180216C187.5) for a credit of $1.60 (selling a calendar)

BTC 2 FB 09Feb18 192.5 calls (FB180209C192.5)
STO 2 FB 16Feb18 182.5 calls (FB180216C182.5) for a credit of $4.06 (selling a diagonal)

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

Happy trading.

 

Terry