This is a follow-up to the idea I published earlier this afternoon.
The 25 June 320 Puts opened at $1.25 and now (as at 7:36 SA time) trade at 75c (bid: 77c, ask: 78c).
It looks like FB is weakening intraday thus it may be an opportunity to pick up these put options, as a highly speculative play.
Current Spot: $330.99
Contact: FB210625P00320000
Note: In case tradingview's LONG/SHORT widgets confuse you, we want to buy the put options in anticipation of a fall in the share price.
The 25 June 320 Puts opened at $1.25 and now (as at 7:36 SA time) trade at 75c (bid: 77c, ask: 78c).
It looks like FB is weakening intraday thus it may be an opportunity to pick up these put options, as a highly speculative play.
Current Spot: $330.99
Contact: FB210625P00320000
Note: In case tradingview's LONG/SHORT widgets confuse you, we want to buy the put options in anticipation of a fall in the share price.
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