May 2, 2016  Trade Alert -  Foxy Facebook  Portfolio

We should get a little longer:

 

BTO 2 FB 15Jul16 120 calls (FB160715C120)
STC 2 FB 17Jun16 115 calls (FB160617C115) for a credit of $1.70  (buying a diagonal)

BTC 3 FB 06May16 117 calls (FB160506C117)
STO 3 FB 20May16 121 calls (FB160506C121) for a debit of $.87  (selling a diagonal)

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

 
Happy trading.

 

Terry