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The Option Block

The Option Block All-Star Panel breaks down the latest developments in the options market, analyzes unusual options activity, explains cutting-edge options strategies, answers listener questions and much more. Whether you're an active options trader or just getting started in the options market, The Option Block will keep you informed and entertained.

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  2. Option Block 152: Facebook: Buy, Sell, or Wait for Options?

Option Block 152: Facebook: Buy, Sell, or Wait for Options?

May 18, 2012


Option Block 152: Facebook: Buy, Sell, or Wait for Options?

Trading Block: Not a great day on the market, NASDAQ down significantly. The big grind toward summer begins, almost an exact replay on last year. OTM premium looks like a good buy. A rundown of commodities - gold is still getting whipped.

Odd Block: Interesting and unusual activity in American Eagle Outfitters (AEO), Elan Pharmaceuticals, and Clean Energy (CLNE).

Strategy Block: Facebook’s official price is $38, buy or sell? How high could this stock possibly go?

Around the Block: Looking at Sears trading tomorrow after earnings today. The TLT may likely continue to go higher. More uneasiness in Greece. May we hit a temporary bottom tomorrow?