November 22, 2016  Trade Alert -  Foxy Facebook  Portfolio
We have become negative net delta once again:

 

BTC 1 FB 25Nov16 120 call (FB161125C120)
STC 1 FB 20Jan17 120 call (FB170120C120) for a credit of $3.42 (selling a calendar)

 

BTC 1 FB 25Nov16 120 call (FB161125C120)
STO 1 FB 02Dec16 123 call (FB161202C123) for a debit of $1.10 (selling a diagonal)

 

BTC 1 FB 02Dec16 120 call (FB161202C120)
STO 1 FB 02Dec16 124 call (FB161202C124) for a debit of $2.11 (buying a vertical)

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

Happy trading.

 

Terry