Replies to post #28324 on OPTIONS TRADERS CO-OP

[royg1927]

"If the overall market starts slipping FB and others should slide too in my opinion."

So is that a good enough correlation for a decision to hold FB puts for "now". I'm not opining, just testing whether YOU believe it.

[smartone]

well I don't care about the rest of market I am just looking at FB i am look at the TRIX (3) which is almost at the ZERO line
it needs to get below for you to have a chance ... the problem is it is friday at 12

taking everything I have with a grain of salt .. I don't have a horse in this race and honestly I would probably not have made your trade if it had been me