On 35 strike calls to break even, FB needs to move to $35.70 (the extra 20 cents is the spread) To double the money, a person needs this to go to $36.40.
On puts the price is 27.30 to break even and 26.60 to double the money.
There is no time value. If the stock is at 34 and a person is holding 35 strike calls or 33 strike puts. The spread will be .05 by .10 and they wont be able to be sold......If you put in a sell order bid will go to 0.
If a person wants to speculate but be forewarned that this could be like playing roulette.