2013-08-27 Free Trade of the Day (FB)
Free Trade of the Day
Notes: Consider the options trade idea below if Facebook (FB) shares are able to hold above the $39 level tomorrow.
Facebook (FB) Options Trade Idea
Buy the (FB) Sep. $40/$42 call spread for a $0.68 debit or better
(Buying the Sep. $40 Call and selling the Sep. $42 Call, all in one trade)
Stop loss- None
Upside target- $2.00
Updates: Kodiak Oil & Gas (KOG) shares fell 2.09% today, confirming the short-term top that was put in yesterday.
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