January 22, 2015  Trade Alert -  BABA Black Sheep  Portfolio

We have some spare cash and we can use it to get a little longer:

 

BTC 1 BABA FEB2 15 100 call (BABA150213C100)
STO 1 BABA Feb4-15 105 call (BABA150227C105) for a debit of $2.08  (selling a diagonal)

 

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

 
Happy trading.

 

Terry