May 11, 2018 Terry’s Tips Trade Alert - Wiley Wolf  Portfolio

We need to get set up for next week, and get longer:

BTC 2 FB 11May18 185 calls (FB180511C185)
STO 2 FB 25May18 190 calls (FB180525C190) for a debit of $.24 (selling a diagonal)

BTC 3 FB 18May18 182.5 calls (FB180518C182.5)
STO 3 FB 18May18 187.5 calls (FB180518C187.5) for a debit of $3.29 (buying a vertical)

BTO 2 FB 22Jun18 190 calls (FB180622C190)
STC 2 FB 25May18 185 calls (FB180525C185) for a credit of $.14 (buying a diagonal) 

BTO 2 FB 29Jun18 190 calls (FB180629C190)
STC 2 FB 01Jun18 180 calls (FB180601C180) for a credit of $3.78 (buying a diagonal)

BTC 1 FB 18May18 182.5 call (FB180518C182.5)
STC 1 FB 1Jun18 180 call (FB180601C180) for a credit of $3.19 (selling a diagonal)

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

Happy trading.

Terry