September 26, 2016  Trade Alert -  Foxy Facebook  Portfolio

We are uncomfortably long:

 

BTC 4 FB 30Sep16 131 calls (FB160930C131)
STO 4 FB 30Sep16 127 calls (FB160930C127) for a credit of $1.15  (selling a vertical)

STO 5 FB 30Sep16 128 calls (FB160930C128) for $.78

STO 1 FB 30Sep16 127 call (FB160930C127) for $1.28

BTO 3 FB 20Jan17 125 calls (FB170120C125)
STC 3 FB 16Dec16 130 calls (FB161216C130) for a debit of $3.77  (buying a diagonal)

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

 
Happy trading.

 

Terry