October 21, 2016  Trade Alert -  Foxy Facebook  Portfolio

We have become negative net delta.  This trade will fix that, and we still have a little premium to collect before rolling over the other calls that expire today:

 

BTC 2 FB 21Oct16 129 calls (FB161021C129)
STO 2 FB 28Oct16 132 calls (FB161028C132) for a debit of $.62  (selling a diagonal)

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

 
Happy trading.

 

Terry