Is the much anticipated correction upon us? I honestly have no idea, but I suspect that the weakening breadth, European equity under-performance and inability for rates to rise as the Fed ends QE in the …
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We’ve decided to take this FB trade off after playing the roll game for the past few expiries. At this point, the October 38 call that we’re long doesn’t have much optionality left, so we’d …
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Selling the weekly 40’s worked well this week and made back the loss from gamma last week in the form of decay this week (about 30c.) With the long holiday weekend on the horizon and …
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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 …
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When 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 …
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Ok 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 …
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A 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 …
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Earlier 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 …
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MorningWord 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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