FB IS CURRENTLY UP 15 POINTS AH. IF FB CAN BREAK THROUGH THE 250 LEVEL IT CAN MOVE HIGHER TO 254, 259.
IF FB GAPS UP HIGHER OVER THE 250 LEVEL, I WOULD WAIT FOR A SMALL PULLBACK BEFORE ENTERING A LONG POSITION.
IF FB SELLS OFF AT OPEN, YOU CAN WAIT FOR A POSSIBLE BACKTEST OFF THE 247 LEVEL.
TRADE IDEA: 252.5C 7/31
**SAME DAY EXPIRATION ARE HIGH RISK PLAYS. SO BE AWARE OF THE RISK. YOU CAN PLAY NEXT WEEK EXPIRATION TO AVOID PREMIUM DEPRECATION .
i will update premarket
IF FB GAPS UP HIGHER OVER THE 250 LEVEL, I WOULD WAIT FOR A SMALL PULLBACK BEFORE ENTERING A LONG POSITION.
IF FB SELLS OFF AT OPEN, YOU CAN WAIT FOR A POSSIBLE BACKTEST OFF THE 247 LEVEL.
TRADE IDEA: 252.5C 7/31
**SAME DAY EXPIRATION ARE HIGH RISK PLAYS. SO BE AWARE OF THE RISK. YOU CAN PLAY NEXT WEEK EXPIRATION TO AVOID PREMIUM DEPRECATION .
i will update premarket
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