Apr 26, 2018
We are in the tech portion of earnings season, so let's take a look at Facebook. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition.
Specifically:
- Where is FB trading right now?
- What is the situation with FB?
- Can we sell the put spread for enough of a credit to buy a call?
- Setting up the put spread
- Selecting strikes
- Looking to buy a call from the proceeds
- Selecting the strike
- What do we want to happen?
- What is the risk? Reward?
- How you can double up to catch up
- Some rationale on time frame
Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.