May 21, 2018 Terry’s Tips Trade Alert Wiley Wolf  Portfolio

We are getting close to becoming negative net delta:

BTC 2 FB 25May18 182.5 calls (FB180525C182.5)
STO 2 FB 25May18 187.5 calls (FB180525C187.5) for a debit of $2.60 (buying a vertical)

BTO 2 FB 29Jun18 187.5 calls (FB180629C187.5)
STC 2 FB 29Jun18 182.5 calls (FB180629C182.5) for a credit of $2.63 (selling a vertical)

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

Happy trading.

Terry