That was quick.
Barely a week after going public, options begin trading this morning on Facebook. Drawing on the experience of Groupon, Chris has predicted the pricing will be highly bearish as investors buy puts in hope the social-networking giant will continue to fall.
According to the plan, the initial set of options will have standard monthly expirations beginning in June, July, September, December, January and January 2014. Short-term weekly contracts will be added this Thursday with an expiry of June 8. Strike prices will range from $16 to $49, in $1 increments.
Stay with optionMONSTER for ongoing updates on the activity. Also visit researchLAB's social-networking page to track FB and related companies such as Zynga and LinkedIn.
(This article is part of an ongoing series about Facebook.)
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