July 12, 2017  Trade Alert - Wiley Wolf  Portfolio

We have become negative net delta:

BTC 6 FB 14Jul17 150 calls (FB170714C150)

STO 6 FB 21Jul17 157.5 calls (FB170721C157.5) for a debit of $5.50  (selling a diagonal)

BTO 6 FB 18Aug17 160 calls (FB170818C160)

STC 6 FB 18Aug17 150 calls (FB170818C150) for a credit of $5.87  (selling a vertical)

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

Happy trading.

Terry