Trade update (Oct/10/2012):
Closed for $1.10 today morning for 145% profit
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FB jump after the big drop from last week seemed a bit suspicious. Playing this put debit spread gives us a few days for us to watch FB's direction. If this doesnt go down in the next few days, we will close out this position.
Trade:
Buy 1X $21 Oct put
Sell 1X $19 Oct put
(paid 45c)
*Please do your own research before buying any stock listed here. Disclaimer.
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Monday, October 1, 2012
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