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re: Facebook now under $20.

Posted on 8/2/12 at 5:55 pm to
Posted by GumboPot
Member since Mar 2009
119031 posts
Posted on 8/2/12 at 5:55 pm to
quote:

I really want to buy some put options on this. Anybody have any feedback or thoughts on that?


Be very careful buying options and make sure you can lose all your money in that play. The only way I would buy options is if you knew there was going to be a large price movement in a short period of time. That usually requires inside info or being incredibly lucky.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2801 posts
Posted on 8/4/12 at 7:08 pm to
Are puts available on new issues like FB? I know puts aren't available on all stocks.
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