Straddle on Facebook
Updated
Sold a 25 days $127 Straddle on Facebook. We have earnings in 35 days, so I don't expect big moves until then and we will be out of it before then. Collected $520 per contract, we just need the price to stay between $121.82 and $132.21 for us to make $
Trade closed: target reached
Facebook have earnings in a couple of days, and the volatility is starting to increase. I closed the trade for a win.
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