January 12, 2017  Trade Alert  -    Wiley Wolf  Portfolio

We have become negative net delta once again:

BTC 2 FB 20Jan17 124 calls (FB170120C124)

STO 2 FB 27Jan17 127 calls (FB170127C127) for a debit of $1.18  (selling a diagonal)

BTO 1 FB 16Jun17 130 call (FB170616C130)

STC 1 FB 17Mar17 120 call (FB170317C120) for a credit of $2.32  (buying a diagonal)

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

Happy trading.

 

Terry