May 4, 2018 Terry’s Tips Trade Alert #2 - Wiley Wolf  Portfolio

These trades will finish getting us set up for next week:

BTC 2 FB 04May18 177.5 calls (FB180504C177.5) for $.02 (no commission)

STO 2 FB 11May18 177.5 calls (FB180511C177.5) for $1.58

BTC 3 FB 04May18 175 calls (FB180504C175)
STO 3 FB 11May18 180 calls (FB180511C180) for a debit of $.72  (selling a diagonal)

BTO 1 FB 22Jun18 177.5 call (FB180622C177.5)
STC 1 FB 25May18 172.5 call (FB180525C172.5) for a credit of $.77  (buying a diagonal)

BTO 2 FB 22Jun18 182.5 calls (FB180622C182.5)
STO 2 FB 11May18 182.5 calls (FB180511C182.5) for a debit of $3.18 (buying a calendar)

BTO 2 FB 01Jun18 180 calls (FB180601C180)
STC 2 FB 01Jun18 175 calls (FB180601C175) for a credit of $2.51  (selling a vertical)

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

Happy trading.

Terry