June 18, 2018 Terry’s Tips Trade #2 – Wiley Wolf  Portfolio

The stock keeps going up while the market as a whole is down:

BTC 4 FB 22Jun18 197.5 calls (FB180622C197.5)
STO 4 FB 22Jun18 202.5 calls (FB180622C202.5) for a debit of $2.24 (buying a vertical)

BTO 3 FB 20Jul18 202.5 calls (FB180720C202.5)
STC 3 FB 20Jul18 195 calls (FB180720C195) for a credit of $4.03 (selling a vertical)

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

Happy trading.

Terry