FB October $75 Calls: Maintain Limit Order

Earlier today, I sent you a Sell Alert to sell the FB October $75 calls at $2.87 or better. And while the options failed to hit that price, I remain bullish on the stock and recommend maintaining the limit order for now. I’m keeping a close eye on this trade given the volatile nature of the options, as well as keeping our 30% stop loss in mind should they turn quickly against us. As always, I will be in touch when it is time to sell or if we need to make any adjustments to the trade.