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LIGHTNING ROUND: Facebook options will bet on more weakness

Friday, May 25, 2012 - 01:20

May 25 - Facebook options begin trading Tuesday. CBOE trader Andrew Keene says early bets will be that the stock will fall further, perhaps below $30 a share.

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I consider anything. I think -- -- trained him in Chicago for a lightning round of -- of option and I start trading that day after. Memorial Day will be early trade on more weakness and. They've got I definitely agree that I think what we -- is involved IPO price of 38 dollars up 45 at 38 dollars I. It's close at 38 yet again I think what cracker at its I doubt. Do you think everything volley -- about. Other volumes should be -- unit volume because people want as long. Putting up pretty good and the Dockery did it differently. Hopefully hopefully he'll go batter hit it out there I think that's been their primary market maker of electrical and I think you'll that the market will be very wide start. As more players get into the ballgame -- they figure out what I thought would it be tackled by in the market if you like -- that it. What's your best option and I think -- I'm going to be looking at felt all right. The volatility and a public that. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- And -- -- thanks so much thank you I'm Rhonda schaffler at it right.

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LIGHTNING ROUND: Facebook options will bet on more weakness

Friday, May 25, 2012 - 01:20