January 13, 2017  Trade Alert  -    Wiley Wolf  Portfolio

We have become negative net delta once again:

BTC 2 FB 20Jan17 125 calls (FB170120C125)

STO 2 FB 27Jan17 129 calls (FB170127C129) for a debit of $2.18  (selling a diagonal)

BTO 2 FB 17Mar17 130 calls (FB170317C130)

STC 2 FB 17Mar17 125 calls (FB170317C125)  for a credit of $2.81  (selling a vertical)

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

Happy trading.

 

Terry