I see this pull back a great area to buy puts at a discount. FB could be under 120 in 30 days from here.
i entered long 13 contracts SEP 120 put/expire in 30 days.
08/17/2016 14:36:51 Bought 13 FB Sep 16 2016 120.0 Put @ 1.57
i entred big in 13 contracts. max risk over 2 k
i had 30 days , i'm taking some heat in this trade, lossing over USD$600.00 at the moment.
Do you think that FB will trade under 120 before option expire?what are your views?