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The Best Options Trade for Facebook (FB) Earnings

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On Wednesday, November 2nd, Facebook will release its third quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of C.

Dave will look at Facebook’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Facebook ahead of earnings.

Facebook in Focus

Facebook Inc. operates a social networking website worldwide. The Company's products for users are free of charge and available on the Web, mobile Web, and mobile platforms, such as Android and iOS. Its website enables users to connect, share, discover, and communicate with each other. The Facebook Platform is a set of tools and application programming interfaces that developers can use to build social apps on Facebook or to integrate their Websites with Facebook. It offers products that enable advertisers and marketers to engage with its users. Facebook Inc. is headquartered in Menlo Park, California.

Facebook is expected to report earnings at $0.76 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 22.58% at $0.76 per share, beating estimates of $0.62 a share.

FACEBOOK INC-A Price and EPS Surprise

FACEBOOK INC-A Price and EPS Surprise | FACEBOOK INC-A Quote

Facebook is trading around $130 a share, and they are near their 52-week high is $133.50 per share. Their average EPS surprise is 18.25%.

Bottom Line

How should investors play Facebook ahead of their earnings report? For insights on the best options trades, make sure you are subscribe to Live Trader to see Dave Bartosiak at 1:00 pm this afternoon.

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