Latest positions and option ideas for the FB

I was asked earlier this week to include some ideas for options strategies even when I’m personally just buying the common stock. So in regards to Facebook this morning, I’d look at the January 2014 call options with the strike prices at $30 and above, all the way up to say $37.50 or so.

Here’s a list of my latest positions in approximate order from largest to smallest. I give each stock a current rating from 1 to 10, 1 being “Get out of this position now!” and 10 being “Sell the farm, I’ve found a perfect investment” (there will never be a 10 rating, because there is no such thing as a perfect investment, of course). Anyway, here’s the list:

Longs –

• Apple (9)
• Google (8)
• Facebook (9)
• Fusion-IO (9)
• Lindsay (8)
• F5 (8)
• Amazon (8)
• Baidu (8)
• DDD (8)
• Sandisk (7)
• Broadcom (8)
• Juniper (8)
• Level 3 (6)
• Zynga (8)
• Autodesk (7)
• Nuance (7)
• Cisco (7)

Shorts –

• Apollo (7)
• Dollar General (8)
• Dollar Tree (8)
• MS (8)
• JPM (8)
• PSO (7)
• GLD (7)
• LPS (8)