February 9, 2017  Trade Alert - Wiley Wolf  Portfolio

We have become negative net delta:

BTC 1 FB 10Feb17 131 call (FB170210C131)

STO 1 FB 17Feb17 136 call (FB170217C136) for a debit of $2.50  (selling a diagonal)

BTC 3 FB 10Feb17 132 calls (FB170210C132)

STO 3 FB 17Feb17 135 calls (FB170217C137) for a debit of $1.21  (selling a diagonal)

BTO 2 FB 21Apr17 135 calls (FB170421C135)

STC 2 FB 21Apr17 130 calls (FB170421C130) for a credit of $2.85  (selling a vertical) 

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

Happy trading.

Terry