opened up a bearish directional butterfly on FB ye
Post# of 128
Posted On: 06/01/2012 12:02:04 PM
opened up a bearish directional butterfly on FB yesterday.
bought the 24-25-26 July Call Butterfly for $0.30 debit. Max gain about 280% at expiration.
Exit strategy is 50% gain, 50% loss.
Directional butterflies are a very forgiving strategy.
Only a small amount of capital in the position. $300 debit (ie max loss)
Here is my PnL curve from yesterday...
Here is another good article from Tycoon Reports discussing option plays on FB...
bought the 24-25-26 July Call Butterfly for $0.30 debit. Max gain about 280% at expiration.
Exit strategy is 50% gain, 50% loss.
Directional butterflies are a very forgiving strategy.
Only a small amount of capital in the position. $300 debit (ie max loss)
Here is my PnL curve from yesterday...
Here is another good article from Tycoon Reports discussing option plays on FB...
(0)
(0)Scroll down for more posts ▼