After making a HEALTHY profit on the FB earnings news, in a fit of greed, Wade decided to double down and buy 10 more CALL contracts close to the high of the day. Needless to say, original profits were reduced by 75% (so far) as he's STILL in the option. (Yes, you read that correctly)
BTW, did I mention the lock out period expires on Monday. Yeah, I'm sure there will be no more downside.
These are the various ways Wade has described Facebook in the past 48 hours:
You get the idea...
Should be a fun week next week.