Exit FB Calls Posted at: August 4th - 9:06 AM Weekly Option Alert Alert Message I suggest exiting the FB calls as we got the news we had been expecting and it had no effect on the stock, please read below courtesy of theflyonthewall. Please wait till the market opens and you should get a better price. Instagram, owned by Facebook, has shifted its stance on its advertising application programming interface, or API, by opening it up to third party partners, Business Insider reports. By opening up an API to partners, marketers can start buying Instagram ads and planning their Instagram marketing in an automated manner, the report says. Reference Link :theflyonthewall.com Limits & Stops SELF DIRECTED TRADERS: Weekly Option alerts should be traded with 50% stop loss targeting 20% - 50% returns. Additional Trades View all recent trades. Weekly Options Instructions All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120. Read Weekly Options Guidelines for more information about how to trade our Weekly Options strategy.