January 6, 2017  Trade Alert  -     Wiley Wolf  Portfolio

We have become negative net delta once again: 

BTC 1 FB 13Jan17 120 call (FB170113C120)

STO 1 FB 20Jan17 122 call (FB170120C122)  for a debit of $.74  (selling a diagonal) 

BTC 2 FB 13Jan17 120 call (FB170113C120)

STO 2 FB 20Jan17 123 call (FB170120C123)  for a debit of $1.20  (selling a diagonal) 

BTO 1 FB 16Jun17 125 call (FB170616C125)

STC 1 FB 17Mar17 115 call (FB170317C115) for a credit of $2.40  (buying a diagonal) 

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

 
Happy trading. 

 

 

Terry