May 23, 2016  Trade Alert -  Foxy Facebook  Portfolio

We could use a few more in-the-money short calls:

 

STO 1 FB 27May16 116 call (FB160527C116) for $1.56

BTO 1 FB 16Sep16 120 call (FB160916C120)
STO 1 FB 3Jun16 116 call (FB160603C116) for a debit of $3.98  (buying a diagonal)

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

 
Happy trading.

 

Terry