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John Carter Markets Analysis: More Sideways Action, FB Earnings Plays

All eyes are on Facebook today ahead of the company's earnings report.
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All eyes are on Facebook today ahead of the company's earnings report. I'm looking for shares to move higher and intend on selling put spreads ahead of the announcement. Carter reviews the difference between selling puts versus buying out-of-the-money calls into Facebook earnings and the impact on implied volatility and pricing. Several of the stocks we've been covering continue to act well while the indexes continue to trade sideways. We've started to enter a few more long term positions ahead of these weekly Squeezes, our most recent entry came Tuesday in Medtronic with a longer-dated position.

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