May 15, 2015 Trade Alert -  BABA Black Sheep  Portfolio

These trades will get us set up for next month:

 

BTC 1 BABA May-15 87.5 call (BABA150515C87.5)
STO 1 BABA Jun-15 87.5 call (BABA150619C87.5) for a credit of $1.86  (selling a calendar)

BTC 2 BABA May-15 87.5 calls (BABA150515C87.5)STO 2 BABA Jun-15 90 calls (BABA150619C90) for a credit of $.62  (selling a diagonal)

BTO 1 BABA Oct-15 90 call (BABA151016C90)
STC 1 BABA Jul-15 85 call (BABA150717C85) for a debit of $.17  (buying a diagonal

BTO 1 BABA Oct-15 90 call (BABA151016C90)STC 1 BABA Jul-15 87.5 call (BABA150619C87.5) for a debit of $1.83  (buying a calendar)

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

 
Happy trading.

Terry