October 30, 2017  Trade Alert #2 - Wiley Wolf  Portfolio

We are once again barely positive net delta and should get a bit longer:

BTC 4 FB 03Nov17 175 calls (FB171103C175)

STO 4 FB 03Nov17 182.5 calls (FB171103C182.5) for a debit of $4.22  (buying a vertical)

BTO 1 FB 16Feb18 185 call (FB180216C185)

STC 1 FB 16Feb18 170 call (FB180216C170) for a credit of $8.30  (selling a vertical)

BTO 2 FB 19Jan18 185 calls (FB180119C185)

STC 2 FB 19Jan18 175 calls (FB180119C175) for a credit of $5.22  (selling a vertical)

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

Happy trading.

 

Terry