Pressing our luck on the 38 line cost us a little money today as the FB ripped higher on an upgrade note from JPM. Bad timing on the weekly expiration. We’re going to stay in …
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Facebook has paused at its IPO price of 38 and it seems like it could continue to act as resistance for a bit longer. We’re going to try to squeeze as much out of that …
Continue readingThe attention span of the trading community is comically short. AAPL & FB is now all the rage, with hardly a soul in sight mentioning GOOG or AMZN. TSLA has slowly leaked lower since earnings, …
Continue readingWhen FB got back to its IPO price of $38, we suspected that it was a good spot to look for the stock to consolidate and try to take advantage of that with options. We …
Continue readingThe Internet was the future, and it has arrived. Imagine how your day was spent 20 years ago, and then think about what you do today. From kids to grandparents, and everyone in between, our …
Continue readingMorningWord 8/5/13: Friday evening on CNBC’s Options Action we discussed the merits of the Web 2.0 stock rally and what it means for the broader bull market (below) when stocks with short earnings histories are …
Continue readingOk I’ll be quick here, we have written about FB a bit this week and posted on 2 separate trades that should benefit from the stock consolidating over the next couple weeks and subsequently seeing …
Continue readingA couple days ago I laid out the case for why FB shares should consolidate in the near term (below) and later detailed a trade that would take advantage of implied volatility compressing after the …
Continue readingEarlier this morning I discussed the massive volume that accompanied the 40% rally in the last week in FB (below), but suggested that the subsequent spike in Implied Volatility was likely to moderate in the …
Continue readingMorningWord 7/31/13: In the last week FB, up more than 40% since reporting better than expected Q2 earnings, has gained almost the entire value of YHOO. I am still a bit floored by the …
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