$1,000 Profit
FBLong Option

Entry comments: Feeler trade speculating on an insider dump tomorrow. When the big insiders tell the public they aren't going to sell their shares, part of me thinks they are going to. Only going in for $1,500 for a feeler trade, but may add to the position early tomorrow morning with another $8,500...
Exit comments: Closed it out early... could have gotten greedy, but an overnight 66% gain is nice.
Broker:TDAmeritrade
| Date | Price | |
|---|---|---|
| Entry | 8/15/2012 | 0.75 |
| Exit | 8/16/2012 | 1.25 |
- Total Views245
- Position Size2,000
- Percentage66%
- Option TypePUT
- Strike21.0
- Expiration8/18/2012
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