September 22, 2016  Trade Alert -  Foxy Facebook  Portfolio

We have become negative net delta:

 

BTC 2 FB 23Sep16 127 calls (FB160923C127)STO 2 FB 30Sep16 130 calls (FB160930C130) for a debit of $2.04  (selling a diagonal)

BTC 4 FB 23Sep16 128 calls (FB160923C128)
STO 4 FB 30Sep16 131 calls (FB160930C131) for a debit of $1.60  (selling a diagonal)

BTO 3 FB 20Jan17 130 calls (FB170120C130)
STC 3 FB 20Jan17 125 calls (FB170120C125) for a credit of $2.95  (selling a vertical)

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

 
Happy trading.

 

Terry