Facebook Trading Lower For Fourth Day In A Row


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Facebook (NASDAQ: FB) shares are trading lower by $3.80 at $100.27 in Monday's session. It is in the red for the fourth day in a row after posting its all time high on February 2 ($117.59) and all time closing high the previous day at $115.09.In today's session, it fell into double digits $100 for the first time since it closed at $94.45, the day of its Q4 report. So far, the retreat has not filled the void in price from the upper end of the range from that session ($97.85), as it has found intaday support at $98.60 and rebounded.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: TechnicalsIntraday UpdateMoversTrading Ideas