May 5, 2017  Trade Alert #3 - Wiley Wolf  Portfolio

 

These trades will get us set up for next week:

 

BTC 3 FB 05May17 150 calls (FB170505C150)

 

STO 3 FB 12May17 152.5 calls (FB170512C152.5) for a credit of $.16  (selling a diagonal)

 

BTO 3 FB 21Jul17 155 calls (FB170721C155)

 

STC 3 FB 16Jun17 155 calls (FB170616C155) for a debit of $1.41 (buying a calendar)

 

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

 

Happy trading.

 

Terry