Podcasts Business The Option Block Option Block 152: Facebook: Buy, Sell, or Wait for Options?

Option Block 152: Facebook: Buy, Sell, or Wait for Options?

Published: May 18, 2012, 5 a.m.

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Option Block 152: Facebook: Buy, Sell, or Wait for Options?
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Trading Block: Not a great day on the market, NASDAQ down significantly. The big grind toward summer begins, almost an exact replay on last year. OTM premium looks like a good buy. A rundown of commodities - gold is still getting whipped.
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Odd Block: Interesting and unusual activity in American Eagle Outfitters (AEO), Elan Pharmaceuticals, and Clean Energy (CLNE).
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Strategy Block: Facebook\\u2019s official price is $38, buy or sell? How high could this stock possibly go?
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Around the Block: Looking at Sears trading tomorrow after earnings today. The TLT may likely continue to go higher. More uneasiness in Greece. May we hit a temporary bottom tomorrow?
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