iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

HOW DID YOU PASS ON $FB?

The Facebook is attempting a breakout here today. Last week I mentioned this was the best buy in the market with a December time frame.

2015-12-01_9-56-24

If this post works as a jinx against $FB to $120, I will sacrifice one of our readers to the market gods, in exchange for their good graces towards sending this stock higher.

It seems that the F.A.N.G correction of late 2015 is over, and these have now become ‘hot buys’ yet again. Might as well chase as it seems yesterday wasn’t a very popular opportunity as per early comments from the gallery.

OA

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19 comments

  1. day trader

    Do you like AMBA for earnings OA? Thx

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  2. heisenberg

    AAPL still trading like pig shit…damn!

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  3. david n.

    Yeah, what’s up with AAPL? Needs to break 120, but just floundering?? Any thoughts?

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  4. djmarcus

    Hey OA – any thoughts on a near term target for NFLX?

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  5. k_melancon

    $APPL today looks very similar to $FB yesterday

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  6. TheKid

    I did take it short with the 102 weekly’s but got out as soon as we bounced off that support. More importantly I know how you always seem to have December on lock.
    https://www.tradingview.com/x/Ij551hWB/

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    • Option Addict

      You went puts? Why?

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      • TheKid

        Markets were looking like they were headed lower yesterday morning. I thought if we pulled back and consolidated from there then FB would be a good place to put on a short since it kept making those lower highs on the daily on top of that gap down it had last week. It would make a good trade down to that support. Soon as the SPY and QQQ looked like they were bottoming and we were already at that support I got out. .3 to .59

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  7. heisenberg

    Jeff, thoughts on money flow in AAPL?

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  8. Chub

    Played for a market gap up with spy calls. Big win! But also had tlt puts. Fat loss. Fml

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  9. k_melancon

    Lunch time over – lets see where we go…

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  10. Thomas Jefferson

    Off topic, but looks like $BLUE held where you would have hoped it would. Thinking about starting in on it.

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  11. k_melancon

    Bot APPL weekly 120 calls.

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  12. jon v

    Nice call on $ATHM over $BITA. I still don’t quite understand what you saw that is different. Still learning…

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  13. Linmoo

    I confess, I chased FB and TSLA today with weeklies. I feel dirty. Must recite five Our Fathers to achieve purity and extract profit.

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