March 20, 2015  Trade Alert -  BABA Black Sheep  Portfolio

We don’t have a lot of cash to work with here, but this will keep us long with positive theta:

 

BTC 1 BABA Mar-15 86.5 call (BABA150320C86.5) for $.04 (no commission)

BTC 1 BABA Mar-15 87.5 call (BABA150320C87.5) for $.02 (no commission)

STO 1 BABA Apr1-15 87.5 call (BABA150402C87.5) for $.94

STO 1 BABA Apr2-15 87.5 call (BABA150409C87.5) for $1.30

 

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

 
Happy trading.

Terry