June 13, 2016  Trade Alert -  Foxy Facebook  Portfolio

We are too long:

 

BTC 2 FB 17Jun16 120 calls (FB160617C120)
STO 2 FB 17Jun16 115 calls (FB160617C115) for a credit of $1.16  (selling a vertical)

BTC 4 FB 17Jun16 119 calls (FB160617C119)
STO 4 FB 24Jun16 119 calls (FB160624C119) for a credit of $.44  (selling a calendar)

BTO 2 FB 15Jul16 115 calls (FB160715C115)
STC 2 FB 15Jul16 120 calls (FB160715C120) for a debit of $2.02 (buying a vertical)

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

 
Happy trading.

 

Terry