July 13, 2018 Terry’s Tips Trade – Wiley Wolf  Portfolio

These trades will start getting us set up for next week:

BTC 2 FB 13Jul18 205 calls (FB180713C205)
STO 2 FB 27Jul18 212.5 calls (FB180727C212.5) for a credit of $1.17  (selling a diagonal)

BTC 1 FB 13Jul18 205 call (FB180713C205)
STC 1 FB 20Jul18 202.5 call (FB180720C202.5) for a credit of $3.32  (selling a diagonal)

BTC 1 FB 13Jul18 205 call (FB180713C205)
STC 1 FB 20Jul18 205 call (FB180720C205) for a credit of $1.42 (selling a calendar)

BTO 1 FB 31Aug18 207.5 call (FB180831C207.5)
STC 1 FB 27Jul18 202.5 call (FB180727C202.5) for a credit of $.26  (buying a diagonal)

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

Happy trading.

Terry