January 2, 2018 Trade Alert - Wiley Wolf Portfolio

We have become negative net delta:

BTC 1 FB 05Jan18 177.5 call (FB180105C177.5)
STO 1 FB 12Jan18 180 call (FB180105C180) for a debit of $.57 (selling a diagonal)

BTC 1 FB 05Jan18 177.5 call (FB180105C177.5)
STO 1 FB 12Jan18 182.5 call (FB180105C182.5) for a debit of $1.56 (selling a diagonal)

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

Happy trading.

 

Terry