May 26, 2016  Trade Alert -  Foxy Facebook  Portfolio

We need to get longer:

 

BTC 2 FB 27May16 116 calls (FB160527C116)
STO 2 FB 3Jun16 120 calls (FB160603C120) for a debit of $2.50  (selling a diagonal)

BTC 3 FB 27May16 117 calls (FB160527C117)
STO 3 FB 3Jun16 120 calls (FB160603C120) for a debit of $1.52  (selling a diagonal)  

BTC 2 FB 27May16 117 calls (FB160527C117)
STO 2 FB 3Jun16 119 calls (FB160603C119) for a debit of $.99  (selling a diagonal)

BTO 5 FB 15Jul16 120 calls (FB160715C120)
STC 5 FB 15Jul16 115 calls (FB160715C115) for a credit of $3.07  (selling a vertical)

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

 
Happy trading.

 

Terry