Mike Khouw's Bearish Facebook Trade


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On CNBC's "Options Action", Mike Khouw spoke about a bullish options strategy in Facebook Inc (NASDAQ:FB) ahead of earnings.

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Instead of buying the stock, which is trading close to its highs, Khouw wants to make a bullish bet using options. He wants to buy the September 170/180 call spread for $2.50. The trade breaks even at $172.50 or 4.91 percent above the current stock price. If the stock jumps to $180 or higher, the trade is going to reach its maximal profit of $7.50.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: CNBCOptionsMarketsMediaMike KhouwOptions Action