June 22, 2017  Trade Alert - Wiley Wolf  Portfolio

We have become negative net delta:

BTC 5 FB 23Jun17 152.5 calls (FB170623C152.5)

STO 5 FB 30Jun17 155 calls (FB170630C155) for a debit of $.73  (selling a diagonal)

BTC 3 FB 23Jun17 152.5 calls (FB170623C152.5)

STO 3 FB 30Jun17 157.5 calls (FB170630C157.55) for a debit of $1.61  (selling a diagonal)

BTO 3 FB 18Aug17 155 calls (FB170818C155)

STC 3 FB 18Aug17 150 calls (FB170818C150) for a credit of $2.85  (selling a vertical)

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

Happy trading.

Terry