September 11, 2018 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

The stock is up enough to let us sell some premium:

BTO 3 FB 12Oct18 167.5 calls (FB181012C167.5)
STC 3 FB 28Sep18 175 calls (FB180928C175) for a debit of $3.84 (buying a diagonal) 

STC 2 FB 28Sep18 177.5 calls (FB180928C177.5) for $.69

STC 3 FB 28Sep18 180 calls (FB180928C180) for $.45

STC 2 FB 05Oct18 180 calls (FB181005C180) for $.74

STO 3 FB 14Sep18 167.5 calls (FB180914C167.5) for $1.38

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

 

Terry