January 24, 2018 Trade Alert -  Wiley Wolf  Portfolio

We have become negative net delta once again:

BTC 1 FB 26Jan18 187.5 calls (FB180126C187.5)
STO 1 FB 02Feb18 192.5 calls (FB180202C192.5) for a credit of $1.41 (selling a diagonal)

BTO 1 FB 16Mar18 195 call (FB180316C195)
STC 1 FB 16Mar18 185 call (FB180316C185) for a credit of $4.84 (selling a vertical) 

BTO 1 FB 16Mar18 195 call (FB180316C195)
STC 1 FB 16Mar18 190 call (FB180316C190) for a credit of $2.24 (selling a vertical)

BTO 3 FB 16Mar18 195 calls (FB180316C195)
STO 3 FB 02Feb18 195 calls (FB180202C195) for a debit of $2.35 (buying a calendar)

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

Happy trading.

 

Terry