– SOLD -1 1/-1/2 CUSTOM FB 100 JAN5 15/JAN5 15/JAN5 15 83/86/71 CALL/CALL/PUT @1.53
A strategic Trade Buddies Live earnings play. Check the analyze image below.
This is a different type of trade. We could be put the stock at 71 and the upside is capped, so it’s somewhat safe. $5 price move is priced in overnight.
1/29/15 – BUY 1 -1/1/-2 CUSTOM FB 100 JAN5 15/JAN5 15/JAN5 15 83/86/71 CALL/CALL/PUT @.20
Great trade! Pulled it off for a nice gain. I did have to close off the legs individually but who cares. This earnings period has been super hard to play with big gaps and big duds. People have been getting blown out left and right but this one stayed right at it’s mid range, $76. Perfect! %378 profit after commisions. Not bad for 3 hours.
My trade buddy Ricky suggested it and I’ve have been a little scared of the earnings plays but this one sounded really nice for me and it was. Thanks Ricky!
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!