Facebook (FB) is bouncing around a bit today, as it is still in consolidation mode. While our call position did move close to our stop-loss range, I want to continue to hold the FB November $73 calls for our $3.05 limit for now, given the positive analyst coverage of the stock and the possibility of a bond offering. I am keeping a close eye on the stock and options, and will let you know right away if we need to make any adjustments or close out of the position.
FB November $73 Calls: Maintain Limit Order
Facebook (FB) is bouncing around a bit today, as it is still in consolidation mode. While our call position did move close to our stop-loss range, I want to continue to hold the FB November $73 calls for our $3.05 limit for now, given the positive analyst coverage of the stock and the possibility of a bond offering. I am keeping a close eye on the stock and options, and will let you know right away if we need to make any adjustments or close out of the position.