June 19, 2017  Trade Alert - Wiley Wolf  Portfolio

We have become negative net delta:

BTC 7 FB 23Jun17 150 calls (FB170623C150)

STO 7 FB 30Jun17 152.5 calls (FB170630C152.5) for a debit of $.98  (selling a diagonal)

BTO 3 FB 18Aug17 155 calls (FB170818C155)

STC 3 FB 18Aug17 150 calls (FB170818C150) for a credit of $2.63  (selling a vertical)

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

Happy trading.

 

Terry