Jan 4, FB has 50% more than avg vol. finding support, and closed at the high , low @$99.75
Jan 5, FB closed flat, vol is avg.
Jan 6, 9:45am, long FB $102 Call, Jan 8 exp, ( forgot to set selling target), sold noon time, profit.At that time thinking to cut loss if FB drop to Jan 4 low.
Jan 7, FB yesterday vol a bit higher than avg vol, price flat from Jan 5, so long Jan 8 FB $101 call @ 9:45am. planed to cut loss for 25% option price down, and keep eye on the low price of FB. FB Jan 4 low @$99.75, so today can not be lower than that, lower than that is danger. Cut loss 10am.
I do not believe that i can make money all the time, but if i worry for losing money, no need to trade. just a thought to share