October 21, 2016  Trade Alert -  Foxy Facebook  Portfolio

These trades will get us set up for next week:

 

BTC 2 FB 21Oct16 130 calls (FB161021C130)
STO 2 FB 28Oct16 130 calls (FB161028C130) for a credit of $1.06  (selling a calendar)

BTC 2 FB 21Oct16 130 calls (FB161021C130)
STO 2 FB 28Oct16 132 calls (FB161028C132) for a debit of $.01  (selling a diagonal)

BTC 2 FB 21Oct16 131 calls (FB161021C131)
STO 2 FB 28Oct16 133 calls (FB161028C133) for a credit of $.44  (selling a diagonal)

BTC 2 FB 28Oct16 129 calls (FB161028C129)
STO 2 FB 28Oct16 133 calls (FB161028C133) for a debit of $2.25  (buying a vertical)

BTC 2 FB 28Oct16 129 calls (FB161028C129)
STO 2 FB 04Nov16 132 calls (FB161104C132) for a credit of $.67  (selling a diagonal)

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

 
Happy trading.

 

Terry