May 6, 2016  Trade Alert -  Foxy Facebook  Portfolio

These trades will get us set up for next week:

 

BTC 2 FB 06May16 118 calls (FB160506C118)
STO 2 FB 13May16 119 calls (FB160513C119) for a credit of $.36  (selling a diagonal)

BTC 3 FB 06May16 119 calls (FB160506C119)
STO 3 FB 13May16 120 calls (FB160513C120) for a credit of $.70  (selling a diagonal)

BTO 1 FB 15Jul16 120 call (FB160715C120)
STO 1 FB 20May16 122 call (FB160520C122) for a debit of $3.96  (buying a diagonal)

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

 
Happy trading.

 

Terry