by Ian Harvey
March 22, 2018
OUT WHILST THE GOING IS GOOD!
GREED CAN BE THE UNDOING OF A GOOD PROFIT!
Facebook Inc. (NASDAQ:FB)
Further Facebook self-created dramas combined with stock market uncertainty makes this options put a winning trade AGAIN. This options trade was recommended to “Cut-To-The-Chase” Members & “Armchair” Members of Stock Options Made Easy, on Wednesday, March 21, 2018 -- in the article ““Cut-To-The-Chase” Recommendations - Week Beginning Monday, March 19, 2018”, as well as“Armchair Trader Series” Recommendations - Week Beginning Monday, March 19, 2018; again producing excellent potential profits of 63% within a few hours after executing the trade, and more expected to come!
NEED TO BE IN TO PROFIT!
On top of the dramas that have already unfolded for Facebook Inc. (NASDAQ:FB) more are on the way today.
The European Commission is set to unveil proposals today for a digital tax on U.S. tech giants that could further embitter the trade row pitting the EU against President Trump. The tax, expected to be about 3% of sales on companies with worldwide annual turnover above €750M, would come alongside a tightening of rules on data privacy.
Facebook is facing investigations on multiple fronts after revelations that data on 50m users were improperly harvested by an analytics firm used by Donald Trump’s campaign. The most serious of these inquiries may be one by the US Federal Trade Commission, which settled a similar privacy complaint with Facebook in 2011…….continue reading…….
** OPTION TRADE: Buy the FB APRIL 20 2018 160.000 PUT at approximately $3.00.
The social network has been mired in controversy over the past 12 months, from misreporting key advertising metrics to serving as an avenue for Russian nationals to influence the 2016 presidential election.
And has now come under fire for allowing researchers to mine personal data and then use that data for political ads.
And the nightmare is only going to get worse…..
So, for those traders who managed to execute this trade recommended by Stock Options Made Easy; a nice tidy potential profit of 63% was to be made within a few hours.ACTION TO TAKE…….
"YOU NEED TO BE IN IT TO WIN IT!"
Now is the time to decide if it is worth considering taking another put trade against FB stock. This is a consideration that will be decided once the market starts.
It is nearly always prudent to exit a trade before an unknown incident occurs that could rattle a sound profit, and this is a fine example of such a situation.
As you would have by now realized, many of our trades are based on earnings predictions. This is not to say all trades recommended to members follow this pattern, as seen in this scenario, but during earnings season this strategy has been very profitable.
Our approach is to predict whether a company will beat or miss estimates, whether the stock will appreciate or depreciate as a result and what strategies investors and traders can use. This type of prediction is based on thorough investigation and fundamentally based research, and the results have been very exceptional.
Our proven track record says it all!!
Members of Stock Options Made Easy are provided with an extensive reason as to which direction a stock will move after earnings, followed up by a recommended options trade.
What To Do Now…….
If you interested in being part of this profitable action just click here……