January 8, 2016  Trade Alert -  Foxy Facebook  Portfolio

We will roll down some long calls to lower strikes so that we can collect some premium, and we will leave many uncovered long calls in hopes that we might get better prices in the next few weeks:

 

BTC 4 FB JAN2 16 107 calls (FB160108C107) for $.02 (no commission)

BTC 4 FB JAN2 16 108 calls (FB160108C108) for $.01 (no commission)

BTO 5 FB Mar-16 97.5 calls (FB160318C97.5)
STC 5 FB Mar-16 105 calls (FB160318C105) for a debit of $3.45  (buying a vertical)

STC 2 FB Mar-16 105 calls (FB160318C105) for $3.5

STO 3 FB Jan-16 98 calls (FB160115C98) for $2.41

 STO 2 FB Jan4-16 98 calls (FB160122C98) for $3.03

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

Happy trading.

Terry