November 17, Trade Alert Wiley Wolf Portfolio

These trades will get us set up for next week.  We will sell the 1Dec17 series because premiums are quite low for the shortened Thanksgiving week and rolling over at decent prices next Friday will be difficult:

BTC 2 FB 17Nov17 182.5 calls (FB171117C182.5) for $  .01  ( no commission)

 BTC 3 FB 17Nov17 180 calls (FB171117C180) for a limit of $ .05 ( no commission)

If that executes:

STO 2 FB 01Dec17 182.5 calls (FB171201C182.5) for $ .98

STO 3 FB 01Dec17 180 calls (FB171201C180)  for $ 2.01

 BTC 2 FB 17Nov17 177.5 calls (FB171117C177.5)

STO 2 FB 01Dec17 177.5 calls (FB171117C177.5) for a credit of $1.29 (selling a calendar)

BTO 1 FB 16Feb18 call (FB180216C180)

STO 1 FB 01Dec17 182.5 call (FB171201C182.5) for a debit of $8.12 (buying a diagonal)

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

Happy trading.

Terry