It seems like every earnings season we get mauled on one of these, this time it's FB. Over the year they even out, being on the right side of earnings, but still, it's tough to be on the wrong side when they occur. Now we're going Long: If FB is above $168.20 at either 12:30 pm or 3:30 pm ET, FB triggers a Buy Signal. We will be buying the Jun $175 calls, currently trading 6.10 - 6.25.
