October 8, 2015  Trade Alert -  Foxy Facebook  Portfolio

The stock seems to be weaker than the overall market and we should roll to some lower strikes:

 

BTC 2 FB OCT2 15 95 calls (FB151009C95) for $.05 (no commission)

STO 1 FB Nov1-15 95 call (FB151106C95) for $2.60

STO 1 FB Oct-15 92.5 call (FB151016C92.5) for $1.14 

BTO 3 FB Mar-16 92.5 calls (FB160318C92.5)STC 3 FB Mar-16 95 calls (FB160318C95) for a debit of $1.18  (buying a vertical)

BTC 1 FB Oct5-15 97 call (FB151030C97)
STO 1 FB Oct-15 92 call (FB151016C92) for a credit of $.58  (buying a diagonal)

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

 
Happy trading.

 

Terry