November 11, 2016  Trade Alert -  Foxy Facebook  Portfolio

 

These trades will get us set up for next week:

 

BTC 1 FB 11Nov16 123 call (FB161111C123)

STO 1 FB 18Nov16 120 call (FB161118C120) for a credit of $1.35 (selling a diagonal)

 

BTC 2 FB 11Nov16 122 calls (FB161111C122)

STO 2 FB 18Nov16 120 calls (FB161118C120) for a credit of $1.35 (selling a diagonal)

 

BTO 1 FB 17Mar17 120 call (FB170317C120)

STC 1 FB 20Jan17 125 call (FB170120C125) for a debit of $4.69 (buying a diagonal)

 

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

 
Happy trading.

 

 

Terry