#Earnings – Original trade was super bullish NOV 3 2017 190.0/185.0 Bull Put Spread @ 3.50
Stock dropped so booking the long put and applying it to the stock basis when I receive stock this weekend.
Sold to Close FB NOV 3 2017 185.0 Put @ 6.50
So…10.00 premium received so far. Stock basis will be 180. Aggressively covering it next week slightly in the money at breakeven premium. Would still have the option to roll that up and out if she rallies next week.
#CoveredCalls – Sold FB NOV 10 2017 177.5 Call @ 2.50 (stock basis now 177.50 covered at 177.50)