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