June 12, 2017  Trade Alert #2 - Wiley Wolf  Portfolio

We have enough free cash to pick up some additional short-term premium:

BTO 1 FB 18Aug17 145 call (FB170818C145)

STC 1 FB 21Jul17 155 call (FB170721C155) for a debit of $6.90 (buying a calendar)

BTC 2 FB 23Jun17 157.5 calls (FB170623C157.5)

STO 2 FB 16Jun17 150 calls (FB170616C150) for a credit of $.95  (buying a diagonal)

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

Happy trading.

 

Terry