September 7, 2016  Trade Alert -  Foxy Facebook  Portfolio

We have become negative net delta once again:

 

BTC 4 FB 16Sep16 128 calls (FB160916C128)
STO 4 FB 16Sep16 131 calls (FB160916C131) for a debit of $1.95  (buying a vertical)

BTC 2 FB 16Sep23 128 calls (FB160923C128)
STO 2 FB 16Sep23 131 calls (FB160923C131) for a debit of $1.86  (buying a vertical)

BTO 3 FB 16Dec16 130 calls (FB161216C130)
STC 3 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