September 24, 2018 Terry’s Tips Trade Alert – Wiley Wolf Portfolio

The stock is up nicely today and we will sell a new call and add a new spread;

STO 1 FB 28Sep18 167.5 call (FB180928C167.5) for $.86

BTO 1 FB 26Oct18 167.5 call (FB181926C167.5)
STO 1 FB 28Sep18 167.5 call (FB180928C167.5) for a debit of $3.20 (buying a calendar)

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

Happy trading.

Terry