July 9, 2018 Terry’s Tips Trade – Wiley Wolf  Portfolio

We need to get longer: 

BTC 2 FB 13Jul18 197.5 calls (FB180713C197.5)
STO 2 FB 13Jul18 207.5 calls (FB180713C207.5) for a debit of $6.49 (buying a vertical)

BTO 3 FB 24Aug18 207.5 calls (FB180824C207.5)
STC 3 FB 27Jul18 197.5 calls (FB180727C197.5) for a credit of $3.58 (buying a diagonal) 

BTC 3 FB 13Jul18 200 calls (FB180713C200)
STO 3 FB 13Jul18 207.5 calls (FB180713C207.5) for a debit of $4.32 (buying a vertical)

BTO 3 FB 24Aug18 207.5 calls (FB180824C207.5)
STC 3 FB 03Aug18 197.5 calls (FB180803C197.5) for a credit of $4.13 (buying a diagonal)

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

Happy trading.

Terry