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Dan Nathan's Bullish Options Strategy In Facebook

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On CNBC's Options Action Dan Nathan suggested that investors should consider a bullish options strategy in Facebook Inc (NASDAQ: FB). He thinks that the stock might fill the gap that happened after the earnings report.

Nathan wants to buy the December 75 call option for $2.40 and sell the December 82.5 call option for $0.40. He would pay $2 for the call spread, which is his maximal risk, and his maximal profit is $5.5. He is selling the call option at Facebook's previous high and Mike Khouw commented that the chances are that he won't regret selling it.

Facebook gained 0.85 percent and closed at $74.88 on Friday.

 

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Posted-In: CNBC Dan Nathan Mike Khouw Options ActionOptions Markets Media Trading Ideas