June 1, 2016  Trade Alert -  Foxy Facebook  Portfolio

We have become too long:

 

BTC 1 FB 10Jun16 122 call (FB160610C122)
STO 1 FB 10Jun16 118 call (FB160610C118) for a credit of $1.30  (selling a vertical)

BTC 2 FB 03Jun16 120 calls (FB160603C120)
STO 2 FB 10Jun16 118 calls (FB160610C118) for a credit of $1.39  (selling a diagonal)

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

 
Happy trading.

 

Terry