Options Unlimited

[Will_D]

I am a subscriber to another person that send options and stocks recommendations. I don't follow him every time but he does send real time information when he is entering or exiting a pick.

Here is an example of what he sends. I don't think he is as good as you with his picks and he doesn't play too many options which is what I like to play.

Wilberto Diaz,

Symbol: FB, March 30 Put Option... Current bid/ask 2.37 x 2.40...If you cannot play the options you can short the stock; last trade 27.70 (although options limit your risk to your investment amount)

Status: Initiating Purchase

Stop: NONE

Price Objective: Watch and see approach

Comments: Facebook is not acting great considering there was talk about them having a potential launch of a specialized news feed. If it were not for an event being held tomorrow by FB in regards to this we would be playing a full position. Honestly, it would not surprise us to see this event actually break FB down from the head & shoulders top formation we point out on our closing commentary from a few nights ago.

For those that do not have an options permissioned on your account we suggest you do so. We may begin playing more options as often times we can get just as much leverage as playing a stock and limit our risk. When playing the short side of the market or stock it at times makes sense to play a Put Option because you limit your risk to the maximum invested on the trade. Whereas if you are short a stock the risk is limitless in theory.

Have a great day!