January 25, 2017  Trade Alert - Wiley Wolf  Portfolio

We have become negative net delta:

BTC 2 FB 27Jan17 129 calls (FB170127C129)

STO 2 FB 03Feb17 132 calls (FB170203C132) for a credit of $.64  (selling a diagonal)

BTO 1 FB 16Jun17 130 call (FB170616C130)

STC 1 FB 16Jun17 125 call (FB170616C125) for a credit of $2.88  (selling a vertical)

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

Happy trading.

 

Terry