June 6, 2018 Terry’s Tips Trade - Wiley Wolf  Portfolio

We have become too positive net delta:

BTC 3 FB 08Jun18 195 calls (FB180608C195)
STO 3 FB 08Jun18 190 calls (FB180608C190) for a credit of $1.69 (selling a vertical)

BTO 2 FB 20Jul18 195 calls (FB180720C195)
STC 2 FB 22Jun18 195 calls (FB180622C195) for a debit of $2.08 (buying a calendar)

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

Happy trading.

Terry