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Reply To: Breakout in FB

Home › Forums › Swing Trades › Breakout in FB › Reply To: Breakout in FB

January 29, 2016 at 12:45 pm #4665
Steven Place
Keymaster

FB is up big the second day after earnings. I had basically written this trade off because of the big market selloff, but the gap higher on earnings is a gift. And that’s OK… but it’s time to take profits here, however small they are:

fb

Sell to close FB Feb 110 Calls @4.50

Into ANY pullbacks I’ll look to reenter with march options.

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