Options Playbook Radio 206: Facebook Earnings Play

We are in the tech portion of earnings season, so let's take a look at Facebook. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Specifically: Where is FB trading right now? What is the situation with FB? Can we sell the put spread for enough of a credit to buy a call? Setting up the put spread Selecting strikes Looking to buy a call from the proceeds Selecting the strike What do we want to happen? What is the risk? Reward? How you can double up to catch up Some rationale on time frame Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].