Subject: January 23, 2018 Trade Alert #2 - Wiley Wolf Portfolio

January 23, 2018 Trade Alert #2 -  Wiley Wolf  Portfolio 

We have become negative net delta once again:

BTC 3 FB 26Jan18 185 calls (FB180126C185)
STO 3 FB 02Feb18 192.5 calls (FB180202C192.5) for a debit of $.52  (selling a diagonal)

BTO 2 FB 16Mar18 190 calls (FB180316C190)
STO 2 FB 16Mar18 180 calls (FB180316C180) for a credit of $5.90 (selling a vertical)

BTO 4 FB 16Mar18 190 calls (FB180316C190)
STO 4 FB 02Feb18 190 calls (FB180202C190) for a debit of $2.53  (buying a calendar)

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

Happy trading.

Terry

 

 

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