 everyone welcome this is Melissa Armo with the Stock Swoosh and I'm reviewing Facebook. This was a nice gap last week and the reason I'm reviewing it is because I have called puts in this in the options newsletter 290 puts that in fact let I'll tell you the day that I called it I forget the day I called it up here I called them January 28th here this day it was a Friday it didn't drop then then it reversed so the trade was never up here until here so again I called puts now one of the things again I tell people as far as managing trades on the newsletter is what take a risk take a set risk that you can afford to hold the train until and let it play out what does that mean it means the trade either goes and it's positive or the trade fails and it's negative and then you lose in the trade pretty much the whole amount or almost the whole amount it doesn't mean you hold every trade at the last day but it means you give the trade a chance to work I planned on and wanted this to work and thought it would work initially but because the market pushed back on that particular week let's go here this so that was the week of the 31st it was what was here because this did this this did this too I just went right with the market and so this didn't drop to the earnings which was here but it was plenty of time to go because the trade expired on the fourth are you with me so there were people that held that trade that made close to $5,000 in one contract if anywhere they got out it was well over $4,000 got a bunch of nice emails from people it was a nice move so people that took the train actually I had a couple emails from people people that took the trade held it then made the money in the drop because again it was a 290 puts and this opened them in this morning at 244 so you see what it did it was huge was $45 down from that and the $50 plus from the low of the day then I had people that took it it was downkilled it and then retook it and they actually paid less because they retook it before the earnings I did not call that here just so you know this was less expensive but anyways they made money then holding it through too so you know I always tell people give trades a chance to work if you are risking too much money you inevitably won't you we won't focus it on the money and you won't focus on the information and for me this was lower it worked out it all played out so to have a stock open you know 50 points plus down and drop in the day like this did into the earnings to be in something is a huge win huge win because obviously anything through the strike is a big win and it wasn't like it was Friday it was Thursday you know wasn't it wasn't the last day it was the day before it's come out Wednesday night so I always tell people give things a chance give things a chance and so take amount of risk you can allow the trade to play out you're gonna do a lot better that way now if this trade had dropped and fallen prior to the earnings and was profitable then I would have got out that I would have taken a chance holding it through the earnings because your knees could have been up they weren't but they could have been but it didn't work out that way to see what I'm saying so again congratulations to all the people that held this through and did the right thing and then a couple of people that ended up retaking it we did talk about this a lot in the trading room last week it was a really nice play but again I always tell people take a risk that you can focus on what's going on in the chart focus on the chart again everything I do is based on technical analysis you'll learn that if you decide to take the golden gap course now the newsletter is not the class it's a newsletter you can get a feel for things we're doing if you join the newsletter but it's still not the class so I mean taking the class teaches you information the first class of 2022 it's gonna be February 26 and 27th if you want to learn my gap strategy that's how I knew Facebook was fall rated the gaps everything else but as far as just doing the trades you can sign up for the newsletter there is no prerequisites but I I tell people let trades play out and set your risk accordingly because we're gonna miss out on things like this this was inevitably the biggest trade last week and the biggest trade for many people that have ever ever ever had to take one contract and make almost $5,000 is huge for people and just a massive win for many people's accounts particularly people that had small accounts so congratulations to those people and if you'd like to sign up for the gap options newsletter email me at Melissa at thestopswush.com have a great day everyone