May 18, 2018 Terry’s Tips Trade Alert #2 Wiley Wolf  Portfolio

We have one more call to roll over, and we will use the money to extend the life of a long call:

BTC 1 FB 18May18 187.5 call (FB180518C187.5) for $.01 (no commission)

STO 1 FB 25May18 187.5 call (FB180525C182.5) for $.60

BTO 1 FB 29Jun18 182.5 call (FB180629C182.5)
STC 1 FB 08Jun18 182.5 call (FB180608C192.5) for a debit of $1.94 (buying a calendar)

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

Happy trading.

Terry