July 21, 2017  Trade Alert - Wiley Wolf  Portfolio

These trades will get us set up for next week:

BTC 2 FB 21Jul17 162.5 calls (FB170721C162.5)

STO 2 FB 28Jul17 167.5 calls (FB170728C167.5) for a credit of $.58  (selling a diagonal)

STO 1 FB 28Jul17 170 call (FB170728C170) for $1.82
BTO 4 FB 15Sep17 165 calls (FB170915C165)
STC 4 FB 15Sep17 155 calls (FB170915C155) for a credit of $6.18  (selling a vertical)

BTO 4 FB 20Oct17 165 calls (FB171020C165)

STO 4 FB 28Jul17 165 calls (FB170728C165) for a debit of $4.33 (buying a calendar)

BTO 5 FB 20Oct17 165 calls (FB171020C165)

STC 5 FB 18Aug17 160 calls (FB170818C160) for a debit of $.23  (buying a diagonal)

BTO 3 FB 20Oct17 165 calls (FB171020C165)

STC 3 FB 18Aug17 165 calls (FB170818C165) for a debit of $3.08 (buying a calendar)

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

Happy trading.

 

Terry