NEW DIRECTIONAL PUT PLAYS

Facebook, Inc. - FB - close: 25.16 change: -0.50

Stop Loss: 26.05
Target(s): 21.50
Current Option Gain/Loss: Unopened
Time Frame: 3 to 4 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
FB was the IPO highlight and IPO disaster of 2012. Since then it's been a rocky road for Mark Zuckerberg's social networking behemoth. Shares have been underperforming the broader market. Now FB looks poised to breakdown under significant support at both the $25.00 mark and its simple 200-dma.

We are suggesting a trigger to buy puts at $24.65. If triggered our target is $21.50.

Trigger @ $24.65

- Suggested Positions -

buy the Jun $25 PUT (FB1322R25) current ask $0.82

Annotated Chart:

Entry on May -- at $---.--
Average Daily Volume = 38 million
Listed on May 22 2013