September 20, 2016  Trade Alert -  Foxy Facebook  Portfolio

This trade will make us a little shorter and increase theta:

 

BTC 2 FB 23Sep16 131 calls (FB160923C131)
STO 2 FB 30Sep16 129 calls (FB160930C129) for a credit of $1.07  (selling a diagonal)

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

 
Happy trading.

 

Terry