Facebook Joins The Trillion Dollar Club

Thanks for mentioning SnapChat, decided to buy some lotto calls on FB as a SNAP leverage. They kind of worked out especially for someone who gets up late to trade. I thought they might hit $0.

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Anticipated the bounce on the double bottom support on Friday. Watched this stock on earnings before it doesn't give up right there....

Pity I was out of buying power. 370c went up 15000% from where I would've taken an entry.

That's the thing with options, you can make much more anticipating the move ahead rather than waiting for confirmation.
 
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Anticipated the bounce on the double bottom support on Friday. Watched this stock on earnings before it doesn't give up right there. Pity I had no buying power at that time.

Watched the 370c go up 15000% without me.


  • Black Swan event.
  • Impossible to predict - yet in hindsight the pattern was clear.
  • Should have, could have, would have.
 
  • Impossible to predict - yet in hindsight the pattern was clear.
You got me! I was looking & called out the 365c instead at 9:46am when it went over vwap. Only in hindsight, would I have alerted the 370c on the 9:34am dip when the premium was at it's lowest.

Maybe I would've taken it for myself, or maybe not! That would've been one hell of a gamble so not likely with my account size.
 
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