June 14, 2017  Trade Alert - Wiley Wolf  Portfolio

The stock is doing well and we should get a bit longer:

BTC 2 FB 16Jun17 148 calls (FB170616C148)
STO 2 FB 23Jun17 152.5 calls (FB170623C152.5) for a debit of $2.54  (selling a diagonal)

BTO 1 FB 18Aug17 155 call (FB170818C155)
STC 1 FB 18Aug17 145 call (FB170818C145) for a credit of $5.74  (selling a vertical)

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

Happy trading.

 

Terry