Once more Facebook Stock is under pressure and once more I am back Put Selling the stock. The volatility in Facebook Stock is over 59% which is keeping option premiums higher and continuing to make Put Selling very profitable. In this strategy article I explain the three technical tools I am using to assist my Put Selling and the strategy I keep in place in the event Facebook Stock falls further than I expect. Facebook Stock trades on the NASDAQ under the symbol FB Stock.
Facebook Stock is my speculative trade for the year. So far the Put Selling has gone very well. Today’s trade is just one more Put Selling trade taking advantage of the high volatility and the investor worry in Facebook Stock to pad more profits to my portfolio.
FullyInformed Members can can login directly through this link to read the rest of this strategy article or Members can sign in to the full members site here. Non-members can join here.