Subject: May 25, 2017 Trade Alert #2 - Wiley Wolf Portfolio

May 25, 2017  Trade Alert #2 - Wiley Wolf  Portfolio

We are still negative net delta:

BTC 5 FB 26May17 150 calls (FB170526C150)

STO 5 FB 09Jun17 152.5 calls (FB170609C152.5) for a debit of $.37 (selling a diagonal)

BTO 1 FB 21Jul17 155 call (FB170721C150)

STC 1 FB 21Jul17 150 call (FB170721C150) for a credit of $2.50  (selling a vertical)

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

Happy trading.

Terry

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