Great day for FB. Looking to buy sep 8 calls on any quick dip under 173 in morning (as long as it doesn't gap up too high). Huge potential to keep running over 174.5 tomorrow and to new all time highs. High risk, but high potential reward.
Comment:
Was worried about this today. It almost closed with a bearish engulfing candle, but it surged at the end of the day and keeps the play alive. I still have OCT calls, but now I have SEP15 along with them. May have been premature on that, but I like my chances with SPY hitting an all time high and a big psychological price of 250. We'll see...