January 21, 2015  Trade Alert #2 -  BABA Black Sheep  Portfolio

Now that we know how much money we have available, we can roll over our other 100 short call:

 

BTC 1 BABA JAN5 15 100 call (BABA150130C100)

STO 1 BABA Feb4-15 104 call (BABA150227C104) for a debit of $1.07  (selling a diagonal)

 

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

 
Happy trading.

 

Terry