November 27, 2017 Terry’s Tips Trade Alert – Wiley Wolf 

We are close to being negative net delta, and we will be if it moves up any higher:

BTC 3 FB 01Dec17 182.5 calls (FB171201C182.5)

STO 3 FB 08Dec17 185 calls (FB171208C185) for a debit of $.39 (selling a diagonal)

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

Happy trading.

 

Terry