I really don't like FB, this is one of the reasons I never trade it. I'm extremely biased towards seeing FB collapse, so, I tend to be emotional about it which affects my analysis. That being said, I think a short basket wouldn't hurt. A long/short portfolio seems optimal to me here.
Best of luck,
Ivan Labrie.
Order cancelled
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I cancelled all short ideas after I saw how futures opened. Gap up over half of Friday's range? Hell no...not shorting that bear trap.