Wednesday, July 17, 2013

The CHASE BOOK Trade ~ $FB

     The FaceBook is up 8 days in a row and breaking out from a recent base ... over bought and extended.  So, why buy now? ... Earnings Monday Wednesday.  This trade either works or it doesn't.  Trading is about having an opinion and risking capital on that opinion.   ... social, mobile, search, ads, instagram, etc ... buy FaceBook before Earnings!

LONG the AUGUST $29 CALLS @ .40  ... 40 contacts ($1600) *

*looking to add on pullback(s)


        ... who took the money?  #EarningsRoulette


BUY ON THE DIP said...

... looks like earnigns are wednesday per FB (etrade had 22nd)

Facebook Q2 2013 Earnings

Jul 24, 2013 at 2:00 PM PT

BUY ON THE DIP said...

... $FB

After Hours: 31.60 +5.09 (19.20%)

xoomoon said...

great call! i've been making money following your trades! thanks!