FB is selling off from the whole GME fiasco + Apple privacy war. Although there will be revenue damage from Apple's new privacy changes, FB is undervalued relative to the overall market especially with an outstanding earning. There's a strong support at $245 but it might now goes down that low. There're 2 good plays in my opinions:
Safe play: Wait for either one week so that the GME craze settle down or FB trade down to support at $245 THEN buy.
Neutral play : Selling put credit for this week $245/$240
Bullish play: Debit spread at least 2 weeks out.
Safe play: Wait for either one week so that the GME craze settle down or FB trade down to support at $245 THEN buy.
Neutral play : Selling put credit for this week $245/$240
Bullish play: Debit spread at least 2 weeks out.
Not
If we hold $260 by the end of the day. I'd add more debit spread on my position.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.