But Olee brother, what I don't get is why don't you do farther options? If you get short term options you should accept that you will lose. With let's say jan 14, it's like holding a stock while adding more each month if you made a mistake. I don't want to sound bad, but you are gambling and not investing in options. Good Luck brother, and buy FB puts
But the premium on fb calls (and puts) were very expensive as well. That is why I stayed out of earnngs. In retrospect, buyng the calls was a good play, but the ATM calls were at a price that your BE was a +7% gain. When the weeklies have premiums like this, I would just either just long or short the stock. The premium is still extremely high, but I expect the November puts to look much more attractive in the next few days.
Why don't you look at trading spreads instead of straight up calls or puts. I know that the return may not look as good, but spreads will allow you sleep at night, and you can adjust them if things go haywire.