June 3, 2016  Trade Alert -  Foxy Facebook  Portfolio

These trades will get us set up for next week:

 

BTC 2 FB 03Jun16 118 calls (FB160603C118)
STO 2 FB 10Jun16 118 calls (FB160610C118) for a credit of $.91  (selling a calendar)

BTC 4 FB 03Jun16 119 calls (FB160603C119) for $.05 (no commission)

STO 4 FB 10Jun16 119 calls (FB160610C119) for $.84

BTC 3 FB 03Jun16 120 calls (FB160603C120) for $.01 (no commission)

STO 3 FB 10Jun16 120 calls (FB160610C120) for $.48

BTO 2 FB 16Sep16 120 calls (FB160916C120)
STO 2 FB 17Jun16 118 calls (FB160617C118) for a debit of $4.22  (buying a diagonal)

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

 
Happy trading.

 

Terry