Long
Updated

Facebook: Time to be a buyer

232
Megaphone pattern Close to completion on the downside. Expecting a reversal
Note
Aiming for 134.25 as the entry price. I find price below 125 extremely unlikely. First TP is 184.5
Note
snapshot
Note
Bought facebook puts at open With strike 135 at a price of almost NOTHING. Let's see... :)
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Calculated max pain @ Opex maturity Nov 2nd = 137.
Trade active
Long position entered

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