Jaroslav and Bradley, this is a nice "pattern composition", I thinkg now it is the time to go short again. What do you think?
Comments
shecantrade
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I believe a better trade in FB is a long position. I like the idea of waiting for a pull back then enter the trade as selling a put credit spread. I guess it depends if you are looking for a scalp vs.holding the option until the end of this week or next.
Petr_Suchanek
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Bradley, with what parameters would you buy this bear spread? I mean, what expiration, strikes, etc.?
JaroslavVaclavik
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Yes Petr, I like that one . This is sellers zone and retest of that 49.80 is in play .
BradleyHa
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I'm bearish in FB so yeah that works for me lol. If you can play it with options, I would suggest buying a put debit spread since volatility is low ;)