October 18, 2017  Trade Alert - Wiley Wolf  Portfolio

We have become negative net delta:

BTC 5 FB 20Oct17 172.5 calls (FB171020C172.5)

STO 5 FB 27Oct17 177.5 calls (FB171027C177.5) for a debit of $2.27  (selling a diagonal)

BTC 8 FB 20Oct17 175 calls (FB171020C175)

STO 8 FB 27Oct17 177.5 calls (FB171027C177.5) for a debit of $.25  (selling a diagonal)

BTO 2 FB 15Dec17 180 calls (FB171215C180)

STC 2 FB 15Dec17 170 calls (FB171215C170) for a credit of $5.50  (selling a vertical)

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

Happy trading.

 

Terry