Subject: March 5, 2018 Trade Alert - Wiley Wolf Portfolio
March 5, 2018 Trade Alert - Wiley Wolf Portfolio
The stock is up over a dollar today, and we can get some decent premium selling calls at the 180 strike even though they are still out of the money:
STO 5 FB 09Mar18 180 calls (FB180309C180) for $1.38
BTC 5 FB 09Mar18 187.5 calls
(FB180309C187.5)
STO 5 FB 09Mar18 180 calls (FB180309C180) for a credit of $1.26 (selling a
vertical)
BTO 3 FB 20Apr18 180 calls
(FB180420C180)
STC 3 FB 20Apr18 190 calls (FB180420C190) for a debit of $3.71 (buying a
vertical)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
To unsubscribe from this newsletter, please visit http://www.terrystips.com/login and update your portfolio.