Short
Facebook Put Options - Follow-Up
This is a follow-up to the idea I published earlier this afternoon.
The 25 June 320 Puts opened at $1.25 and now (as at 7:36 SA time) trade at 75c (bid: 77c, ask: 78c).
It looks like FB is weakening intraday thus it may be an opportunity to pick up these put options, as a highly speculative play.
Current Spot: $330.99
Contact: FB210625P00320000
Note: In case tradingview's LONG/SHORT widgets confuse you, we want to buy the put options in anticipation of a fall in the share price.
The 25 June 320 Puts opened at $1.25 and now (as at 7:36 SA time) trade at 75c (bid: 77c, ask: 78c).
It looks like FB is weakening intraday thus it may be an opportunity to pick up these put options, as a highly speculative play.
Current Spot: $330.99
Contact: FB210625P00320000
Note: In case tradingview's LONG/SHORT widgets confuse you, we want to buy the put options in anticipation of a fall in the share price.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.