Not necessarily bullish on the name, but I do think it can go sideways to higher in the short term. Opened a new position today by selling July $26 puts for $1.75 each. I had $27.40 or so as short term support on my chart, and if it takes out that level, should find support in the high $25/low $26 area. So that's why I'm specifically targeting the july 26 puts.
gl trading to all
Selling FB puts here, no stock position
Started by
Jhoe
, Jun 01 2012 01:36 PM
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