June 14, 2017  Trade Alert #2 - Wiley Wolf  Portfolio

There is a problem with the buying power calculation, and these trades will fix it:

BTO 2 FB 15Sep17 150 calls (FB170915C150)

STC 2 FB 15Sep17 155 calls (FB170915C155) for a debit of $2.58  (buying a vertical)

BTO 1 FB 18Aug17 150 call (FB170818C150)
STC 1 FB 18Aug17 145 call (FB170818C145) for a credit of $3.18  (selling a vertical)

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

Happy trading.

 

Terry