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norok
Jan 12, 2018 3:26 PM

Facebook Pre-earnings Long

Meta Platforms, Inc.NASDAQ

Description

I don't like the volatility spike but I do like the reward potential on a pre-earnings move back to the high. Going to take a short term Call Option to capture any volatility increase as earnings approaches as well as a run-up to retest the high prior to earnings in a few days.

Trade closed: target reached

Got a big move, don't want to hold through earnings, closing out with +140% RoR
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