Trade Update May 2nd, 2013: After starting out the day unchanged, FB has steadily moved higher, and is now through the short strike of my call spread portion of the condor that I am short (below). With …
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Facebook’s earnings are out and the stock is trading up about 2.60% (vs the implied move of almost 8.5%), and close to the lower strike of the short call spread portion of our condor. While …
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On Monday we previewed FB’s Q1 earnings report (below) and while the story remains fairly controversial, we believe that the likelihood of any resolutions to some of the longer-term questions regarding the company’s future will not manifest themselves in tonight’s report or in …
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