October 28, 2016  Trade Alert -  Foxy Facebook  Portfolio

These trades will get us set up for next week:

 

BTC 2 FB 28Oct16 132 calls (FB161028C132)
STO 2 FB 04Nov16 131 calls (FB161104C131) for a credit of $3.99  (selling a diagonal)

BTC 2 FB 28Oct16 133 calls (FB161028C133) for $.01 (no commission)

STO 1 FB 04Nov16 132 call (FB161104C132) for $3.51

STO 1 FB 04Nov16 133 call (FB161104C133) for $3.00

BTO 3 FB 17Mar17 130 calls (FB170317C130)
STO 3 FB 04Nov16 130 calls (FB161104C130) for a debit of $5.50  (buying a calendar)

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

 
Happy trading.

 

Terry