 Hello everyone and welcome. This is Melissa Armo with the Stock Swoosh and Revealing Facebook. This was at Putt. I called the 175 Putts yesterday morning actually before the open when I saw Facebook how it was gapping and lo and behold I did not know about the news that was to come out yesterday and it made the stock crash. So I called them out actually till quite a while till the end of next week. But again with a move like this out of the gate you wouldn't be in it. Still you would be out and again this still could go lower but I really think when you do a training you have fast money really quick like this you get out of profit and that's what I tell everybody get out when you're up. So you could have bought this around two maybe would have paid a little bit more but it dropped and almost got to five as far as the cost of the option where you could have sold it. So say you bought something for two and you sell it for five what do you make three bucks. Now I don't think it actually got to five I don't think five was a high but it got pretty close. Anyways you're never going to get out of the low you're never going to get in a short just like you're never going to get out of the high and along but when you see a dramatic dive let's go back here like this is pretty easy to know to get the heck out and that is what it did. Actually let's look at it better on the minute here actually and this is yesterday I'm just behind I'm behind so many videos and so many things here right now I'm trying to get caught up but this was a really nice trade yesterday. I think pretty much everybody get out of it it was kind of like the one of those ones where it'd be crazy not to get out of it. I mean look at that and I was sitting here I was like where did that come from and there it was so beautiful beautiful here it is so this is Facebook yesterday as you can see drop drop drop oh no actually wait a minute no here here was the previous day where's he open oh no here here 930 612 drop push back look at all this and then again I liked it lower I called the trade in the morning in the pre-market and I know I did the news was coming out and then it collapsed literally in fact let's look at this from 177 277 to 172 88 if I had known it was going to fall like that I would have called the ones that expire tomorrow a heck of a lot cheaper but still to pay two for something and sell it for for something that's almost a hundred percent or a hundred percent depending what you paid for it return an investment in one day and very quickly and it basically all came into this dramatic move so interesting enough there it is but I will say though that I do like this lower still in the picture here that we're looking at right now it rally today slightly but really didn't go anywhere and again I've been looking at this lower ever since back from here which was the gap up that failed to go higher and it never really could quite control the selling after this and that is what happened and as you know this was a really big one here that was last week this you could have done this this was beautiful yesterday and anything could happen here again in this so be watching this for the possibility of more more trades to be called in Facebook but really nice move in that there yesterday and it was fast and that's the best way to do them but again you know you got to give these things a little bit of time because you're never really sure when the sell-off is going to happen but it this happened the immediate day that I called it and it happened quick and fast the big which is good for something to drop like that you know $3 under the strike is fantastic so you get you get it out and you booked the money when you're when you're trading when you're actively trading and it just doesn't matter if your day trading or options trading you take it book it take it book it take it book it take it book it you know it's it's that's the way you got to do it the way you got to play it anyways good luck everyone we'll see what Facebook goes I'll be tracking this just to watch email me at Melissa the stockswish.com if you'd like more information great job everybody that did this great exit on this yesterday again you have a move like that you got to take the profits tell everyone get out when you're up it was really easy today to watch this I mean yesterday to watch us and see where to exit though just a nice nice sell-off and I will be continuing to watch the stock and see what it does if you're interested in the gap options let our email me at Melissa at the stockswish.com