FACEBOOK TRADE STARTED INTRA-DAY AT $.49 9-10-14

I BOUGHT 75 FB SEPT 12 CALLS AT $45X.51, IF IT DOES NOT BREAK OUT ABOVE $78.1 I WILL DUMP THEM! TARGET IS $75 PER CALL.

SEPT 12 $78 CALLS $.473 AVERAGE

 

She's acting weird, if we don't break-out above $78 I will need to dump it, so much overhead at $77.80s we might have a better chance on other stocks. Plenty of action, CMCSA and even Twitter is behaving more upward than Facebook at this price, I thought we would blow past $77.99 but some seller has been driving us down over the last two days when we first broke out. Peace!

 

Dude, I got excited when I saw caps!

 

Problem with bailing out is that FB could easily move strongly in your direction without you. Your stop/maximum loss should be the entire position - options are like that, especially weeklies.

So my recommendation is to stay in and see how FB trades on Thursday or Friday.

 

I assume this position is still open. FB to $80.00 on Friday is a very real possibility.

 

Admittedly my opinion sucks

But unless 78.17…, then 78.89-ish aren't taken out on volume


Then 80 tomorrow is a pipe dream



Aside

Now watch this bitch gap to 80 @ the open since I posted this -



RN