January 29, 2016  Trade Alert #3 -  Foxy Facebook  Portfolio

We have become negative net delta once again:

 

BTC 1 FB Feb2-16 108 call (FB160212C108)
STC 1 FB Mar-16 105 call (FB160318C105) for a credit of $4.03  (selling a diagonal)

BTC 1 FB Feb-16 107 call (FB160219C107)
STO 1 FB Feb-16 113 call (FB160219C113) for a debit of $3.93  (buying a vertical)

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

 
Happy trading.

 

Terry