• About WordPress
    • WordPress.org
    • Documentation
    • Support
    • Feedback
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

IWO Trading Floor

Become a Great Options Trader

  • Customer Center

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 7 years, 1 month ago by Steven Place.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • May 6, 2015 at 9:04 am #2256
    Steven Place
    Keymaster

    fb

    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 Place
    Keymaster

    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

Primary Sidebar

This is the Forum Sidebar Widget Area. You can add content to this area by visiting your Widgets Panel and adding new widgets to this area.

© 2021 Global Profit Systems International