Facebook Swing/Position Trade:

Facebook has surpassed the IPO offering price ~42 per share this August on huge volume after earnings showed unpredicted exponential revenue growth. Looking at the option chain there is high open interest in Jan 14 $65 calls, 39,906 open..the most of any put or call for Jan. 14 . How would you traders play this bullish move in FB for this fall? I'm thinking of Jan 14 calls out of the money with a $50 - $65 strike or just playing the weeklies when I see powerful momentum intraday / 2-3 days at a time. Disclaimer: I got burned badly on AAPL a year ago so I am hesitant to go all in on any momo stock without sound advice.

That shouldn't count as a reply.

Pretty late to the party on this one.

When the good earnings came out with profitable mobile users there was massive buying.

all-in doesn't sound good at all on any trade btw.

Use the existing Facebook thread.

FB - Facebook Shares set to open @ $38 Friday. They have tweaked standard practices and are allowing selling to start taking place at 91 days, where typical IPO's have 180 days before selling. I can't short this stock fast enough. I despise Facebook …

Closing this duplicate.

Mike