July 12, 2018 Terry’s Tips Trade #3  – Wiley Wolf Portfolio

We need to collect some cash:

BTO 1 FB 27Jul18 207.5 call (FB180727C207.5)

STC 1 FB 27Jul18 202.5 call (FB180727C202.5) for a credit of $2.70 (selling a vertical)  

 

BTC 1 FB 13Jul18 202.5 call (FB180713C202.5)

STC 1 FB 20Jul18 202.5 call (FB180720C202.5) for a credit of $1.13 (selling a calendar) 

 

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

 

Happy trading.

Terry