October 9, 2017  Trade Alert #4 - Wiley Wolf  Portfolio

We are close to becoming negative net delta once again:

BTC 5 FB 13Oct17 172.5 calls (FB171013C172.5)
STO 5 FB 13Oct17 175 calls (FB171013C175) for a debit of $1.50  (buying a vertical) 

BTO 3 FB 15Dec17 175 calls (FB171215C175)

STC 3 FB 15Dec17 170 calls (FB171215C170) for a credit of $2.85  (selling a vertical)

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

Happy trading.

 

Terry