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Facebook, Inc. (FB)

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1Facebook, Inc. (FB) Empty Re: Facebook, Inc. (FB) Tue Apr 25, 2017 8:36 am


facebook as social media may have a lot of haters, but its stock? Not so much, at least when it comes to where the “smart money” is placing its bets.

2Facebook, Inc. (FB) Empty Facebook, Inc. (FB) Mon Feb 06, 2017 3:09 pm



Facebook, Inc. (FB), $130.88

daily chart
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Trade:   Provided it does not gap over $133, we recommend selling 10 Mar 140/150 bear call spread (39 DTE) for mid-point or better of $.72/share.
Strategy:    Bearish engulfing topping tail bar at Major Resistance after earning release.

Max Gain:  Premium received of $720.
ROI:  7.7%, with 7.5% cushion to break even of $140.72/share.

Max Loss:   Spread width less premium.
Stop Loss:  $136.02

source: mastertrader

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