September 7, 2016  Trade Alert #2 -  Foxy Facebook  Portfolio

We have become negative net delta once again:

 

BTC 2 FB 16Sep23 128 calls (FB160923C128)
STO 2 FB 16Sep23 132 calls (FB160923C132) for a debit of $2.43  (buying a vertical)

BTO 2 FB 16Dec16 130 calls (FB161216C130)
STC 2 FB 16Dec16 125 calls (FB161216C125) for a credit of $2.97  (selling a vertical)

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

 
Happy trading.

 

Terry