Bought the Sept calls at .50, sell half my position almost at the high @2, will ride out the rest (it's house money). I think you guys should keep your eyes on GRPN and GMCR. I now the entire street hates Groupon, but I guarantee that the same will happen next week when earnings comes out. Good Luck to you all.
I think you will loose all money dude. I have no position in FB, i swear. I hate stocks like this one, i hate stocks like Netflix etc with P/E 1000. But i must say when WS fels in love, thats it. I would NEVER bet against something like this. Look at Tesla. People tryed to short it at $90....
i bought some puts too at 37.88. jan 2013 34 puts for 2.05. big money made arent stupid and will be doing some profit taking here soon. Many were trapped at 38 and at least would minimize position.
you are damn right...unbelievable but this could squeeze to $40-$42 and then pop!...down to low 30's..."a recovering gambling addict but I still watch every day and place no bets"...cheers!
what's the strike price for your put. there are certainly tulips out there. the biggest one is Amazon, though.
something over 1000 P/E ratio. when market tanks these will come down to earth...