Oversold and PB2MA in FB Home › Forums › Swing Trades › Oversold and PB2MA in FB This topic has 1 reply, 1 voice, and was last updated 8 years ago by Steven Place. Viewing 2 posts - 1 through 2 (of 2 total) Author Posts May 6, 2015 at 9:04 am #2256 Steven PlaceKeymaster Social media investors have not had a good month. TWTR FB GOOGL BIDU LNKD and others have seen selling in response to not the best earnings reports. I’m not sure we’re at *the* turn for these stocks, but FB is at an attractive level for some bull put spreads. Sell to Open FB Jun 72.50/70 Bull Put Spreads @0.43 HALF SIZE ADD to the trade at 0.70 ROLL the trade down and out to July if 73 is hit CLOSE the trade at 0.10. May 14, 2015 at 10:12 am #2257 Steven PlaceKeymaster FB rallied hard and the trade is sitting at a price of .10 so it’s time to bail Buy to Close FB Jun 72.50/70 Bull Put Spread @0.10 Absolute Return: 0.33 Return on Risk: 16% Days in Trade: 8 Author Posts Viewing 2 posts - 1 through 2 (of 2 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In