June 10, 2016  Trade Alert #3 -  Foxy Facebook  Portfolio

The stock is down over $2, making us longer than we like:

BTC 1 FB 17Jun16 120 call (FB160617C120)
STO 1 FB 17Jun16 116 call (FB160617C116) for a credit of $1.38  (selling a vertical)

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

 
Happy trading.

 

Terry