by Ian Harvey
March 21, 2018
OUT WHILST THE GOING IS GOOD!
GREED CAN BE THE UNDOING OF A GOOD PROFIT!
Facebook Inc. (NASDAQ:FB)
Here is an update Facebook’s winning options put trade after personal information breach. This options trade was recommended to “Cut-To-The-Chase” Members & “Armchair” Members of Stock Options Made Easy, on Tuesday, March 20, 2018 -- in the article ““Cut-To-The-Chase” Recommendations - Week Beginning Monday, March 19, 2018”; which produced excellent potential profits of 112% within a few hours after executing the trade!
NEED TO BE IN TO PROFIT!
Facebook Inc. (NASDAQ:FB) was the worst-performing stock in the S&P 500 on Monday, posting its biggest one-day decline since March 2014.
This followed reports over the weekend that said political analytics firm Cambridge Analytica was able to collect data on 50 million people's profiles without their consent.
The firm, which has ties to the Trump campaign, allegedly grabbed a massive chunk of data from a professor’s research project and used it to help increase Trump’s popularity — a big violation of Facebook’s policies.
While FB initially downplayed the issue (just as it did with “fake news” and Russia’s influence on the election), it has since suspended Cambridge Analytica from its platform.
“Tech companies can and should do more to protect users, including giving users far more control over what data is collected and how that data is used,” said the Electronic Freedom Foundation in a statement. “That starts with meaningful transparency.”
Once you share something on any digital service, your personal information leaves your control. Cambridge Analytica serves as a stark reminder of that.
Heath Terry, lead internet research analyst at Goldman Sachs said, "It's going to be how they manage through this that will ultimately determine their long-term future."
"It certainly introduces a level of uncertainty that we haven't seen with Facebook before," said Heath Terry.
Terry explained that every fast-growing tech giant was likely to face a similar crisis, before singling out the so-called click fraud scandal which threatened Google's growth prospects in recent years.
"That's going to be the same here for Facebook. It's going to be how they manage through this that will ultimately determine their long term future," Terry said.
** OPTION TRADE: Buy the FB APRIL 20 2018 165.000 PUT at approximately $3.00.
Entry Price was $3.80.
Tuesday witnessed continued volatility in certain pockets of the technology sector, led by growing concerns about Facebook FB in the wake of the Cambridge Analytica scandal. Other social media companies like Twitter TWTR felt the selloff yesterday.The Profit……..
So, for those traders who managed to execute this trade recommended by Stock Options Made Easy; a nice tidy potential profit of 112% 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……