PB2MA in FB

This topic has 1 reply, 1 voice, and was last updated 12 years, 7 months ago by Steven Place.

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March 3, 2014 at 9:38 am #2489

Steven Place
Keymaster

Classic pullback to moving average:

A good low risk entry for a long trade here.

Buy FB Apr 65 Call @ 5.20 or better

Stop 65.48

Scale at 70

March 5, 2014 at 9:35 am #2490

Steven Place
Keymaster

Seeing a nice gap into 70, we are going to scale our exposure by rolling into a bull call spread.

Sell to open FB Apr 75 calls at 2.04

This trade is done if and only if you have the long calls already opened.
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