Thursday, July 25, 2013

Into FB Aug 09 '13 $32 Puts @ $0.41...


Apparently even Sheryl Sandberg sold in droves right before their earnings announcement, so the +27% move so far may be met with resistance...

If you sell some calls further out, you can just about get back to their IPO pricing, so this play will give me some upside in case people begin to start selling calls, which would presumably drive pricing down...

Haven't bet the farm though!




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