July 20, 2018 Terry’s Tips Trade – Wiley Wolf  Portfolio

These trades will get us set up for next week:

BTC 2 FB 20Jul18 210 calls (FB180720C210)
STO 2 FB 27Jul18 212.5 calls (FB180727C212.5) for a credit of $3.88 (selling a diagonal)

BTC 3 FB 20Jul18 210 calls (FB180720C210)
STO 3 FB 27Jul18 215 calls (FB180727C215) for a credit of $2.76 (selling a diagonal)

BTO 4 FB 31Aug18 217.5 calls (FB180831C217.5)
STO 4 FB 27Jul18 217.5 calls (FB180727C217.5) for a debit of $2.54 (buying a calendar)

BTO 2 FB 31Aug18 220 calls (FB180831C220)
STO 2 FB 27Jul18 220 calls (FB180727C220) for a debit of $2.40 (buying a calendar)

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

Happy trading.

Terry