January 4, 2017  Trade Alert  -   Wiley Wolf   Portfolio

We have become negative net delta:

BTC 1 FB 06Jan17 116 call (FB170106C116)

STO 1 FB 13Jan17 120 call (FB170106C120) for a debit of $2.17  (selling a diagonal)

BTC 1 FB 06Jan17 117 call (FB170106C117)

STO 1 FB 13Jan17 120 call (FB170113C120) for a debit of $1.25  (selling a diagonal)

BTC 1 FB 06Jan17 118 call (FB170106C118)

STO 1 FB 13Jan17 120 call (FB170113C120) for a debit of $.43  (selling a diagonal)

BTC 1 FB 06Jan17 118 call (FB170106C118)

STO 1 FB 13Jan17 121 call (FB170113C121) for a debit of $.80  (selling a diagonal)

BTO 1 FB 17Feb17 120 call (FB170217C120)

STC 1 FB 17Feb17 115 call (FB170217C115) for a credit of $2.90  (selling a vertical)

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

Happy trading.

 

Terry