thinking of freeing my stock investment and buying longest term in the money option,i have to believe that this will be near 4 by dec,making 1.00 2.50s inviting
it looks as we get ready to open that it wants tio start giving back some of the early gains.71 is the best close possible but i still think that 70 will be tested.,by that i mean we see 70.25 or lower
this has little to do with upgrades,as of lunchtime and all of tommorow barring news its all about options
already have.on my 71s
im surprised there was zero rally attempt before 2pm once the push down came late am into ealy lunch.i figured a run at 71 would happen,but i said akll week long that 70 calls were dead,an it looks like another push down before close has started
just bought 71 puts,just a cpl,i think they bag those 70 calls,and should make some out to dinner money tomorow
as of about lunchtime its become about options,i hate the weekly optios thing as it wastes a day and a half everyweek for shareholders,with artificial noise and #$%$
maybe if we get a jobs report bad enough,the main thing for traders now with the downside mo is to take out the 70s
cover near the close tomorow,they are not letting the 70 call get exercised,an off ramp is being given now,i expect selling to restart by the last hr
buying will happen after friday,they have the 70 calls on the ropes and as i dsid all week those guys were not getting out alve unless they bailed yesrerday,at this point its too late to get out and the stock s now at 70.75 and will likely fall further as we get into the expiration and the closing of psoitions going into the weekend .Mon will be pretty good i think,you really can tell the time on options,be out by thurs mor and go back at the close on fri or mon.wash,rinse and repeat.onto 70
yers this destroyed even in the money call buyers .this am at one point with the stock up nearly a dollar and over 26,26 calls went south as did 25 mins later,im assuming 24 have been hit hard,in short the march call players barring something big are screwed.
selling im assuming .options expiring ,jobs report,ukrain to keep traders from going long over the weekend i still believe that fb will not close over 70 tomorow.
wat too much analyst support,this may break 244 i doubt it breaks 20,way too many options are held from here and down to 20.it should be noted that the calls from 24 and up for march are close to worthless,that could drive buying power from the stock.,trading now at the low again of 24.57.can you folks imagine if we were in a broader sell off