January 9, 2017  Trade Alert  #2 -    Wiley Wolf  Portfolio

We have become negative net delta once again:

BTC 1 FB 20Jan17 123 call (FB170120C123)

STO 1 FB 20Jan17 126 call (FB170120C126) for a debit of $1.72  (buying a vertical)

BTC 1 FB 20Jan17 123 call (FB170120C123)

STO 1 FB 27Jan17 126 call (FB170127C126) for a debit of $1.11  (selling a diagonal)

BTO 1 FB 17Mar17 125 call (FB170317C125)

STC 1 FB 17Mar17 120 call (FB170317C120) for a credit of $2.95  (selling a vertical)

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

Happy trading.

 

Terry