March 24, 2017  Trade Alert - Wiley Wolf  Portfolio

With the stock up nicely, we are almost negative net delta.  This trade will help:

BTC 3 FB 24Mar17 140 calls (FB170324C140)

STO 3 FB 31Mar17 140 calls (FB170331C140) for a credit of $.77 (selling a calendar)

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

Happy trading!

Terry