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Home > The Option Block > Option Block 152: Facebook: Buy, Sell, or Wait for Options?
Podcast: The Option Block
Episode:

Option Block 152: Facebook: Buy, Sell, or Wait for Options?
Category: Business
Duration: 00:41:19
Publish Date: 2012-05-18 05:00:00
Description: 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?
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