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.
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