After today's expiration day action i have found some interesting data that resembles Facebook action:
=== Facebook: +12% on expiration day:===
123bars / 180days after IPO
2 ERs - After action: 1st down/2nd up
-65% from 52w price (IPO price)
+18% from the previous low
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+45% from expiration day until next earnings
=== GoPro: +12% up on expiration day:...
NOTICE:
After each expiration,the market moves and then comes back to the expiration level.
I drew a red line from the expiration level and the re-test.
Tim
1:07PM EST Friday, May 23, 2014