Subject: January 25, 2016 Trade Alert - Foxy Facebook Portfolio

January 25, 2016  Trade Alert -  Foxy Facebook  Portfolio


Earnings will be announced after the close on Wednesday and we should sell some premium while option prices are so high:

 

STO 2 FB JAN5 16 101 calls (FB160129C101) for $2.46

BTO 1 FB Jun-16 100 call (FB160617C100)
STO 1 FB JAN5 16 100 call (FB160129C100) for a debit of $5.24  (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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