I've got a few puts still...also playing the calls:) I'm currently up 188% on the calls and down 50% on the puts! my plan is to sell the calls probably this week, and hold the puts till this comes back down to reality!
I'm baffled that FB has gone up so much since the lockup, but that's the power of the big boys I guess.
What is the EX on your puts? I think earnings will fall after the Jan Ex, and I doubt that it will be good.
It's a total scam, but how far can they pump this to get out closer to the IPO? that's the big question. And now you've got everyone jumping on the band wagon. This is a total momentum stock right now.
I got those DEC 27 calls last Tuesday as a hedge against my losses on the puts. I never thought I'd be close to the money in a few days.
I wouldn't be surprised to see this get in the 28's before a real drop happens (there's 2 gaps around there from July)...On the flip side there's that gap from today to fill and the others from 23 and about 20,,,,,I'm watching closely for a good point to sell the calls and I'l be holding the puts till this thing dumps. I can't believe this thing has gone up 36% since the big lockup date! Unbelievable.
PS. I'm almost full with my AGNC calls for this run...did you get any when the price got hammered?