September 13, 2016  Trade Alert -  Foxy Facebook  Portfolio

We can pick up some extra premium and use some spare cash to add on another spread:

 

BTC 1 FB 16Sep16 130 call (FB160916C130)
STO 1 FB 23Sep16 128 call (FB160923C128) for a credit of $1.34  (selling a diagonal)

BTO 1 FB 20Jan17 130 call (FB170120C130)
STO 1 FB 16Sep23 128 call (FB160923C128) for a debit of $5.28  (buying a diagonal)

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

 
Happy trading.

 

Terry