January 19, 2016  Trade Alert -  Foxy Facebook  Portfolio

The stock is up nicely today, and we can sell calls at a much better price:

 

STO 3 FB JAN5 16 97.5 calls (FB160122C97.5) for $3.65

STO 2 FB Feb1-16 100 calls (FB160205C100) for $2.93

BTO 2 FB Jun-16 97.5 calls (FB160617C97.5)
STC 2 FB Mar-16 100 calls (FB160318C100) for a debit of $4.23  (buying a diagonal)

BTO 1 FB Jun-16 100 calls (FB160617C100)
STO 1 FB JAN5 16 100 calls (FB160122C100) for a debit of $5.05  (buying a calendar)

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

 
Happy trading.

 

Terry