January 13, 2017  Trade Alert  #3 -   Wiley Wolf  Portfolio

It’s a little hard to believe, but we are still negative net delta.  This happens because the stock keeps moving higher:

BTC 1 FB 27Jan17 127 call (FB170127C127)

STO 1 FB 27Jan17 130 call (FB170127C130) for a debit of $1.78  (buying a vertical)

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

Happy trading.

 

Terry