The “Mad Money” host explains where he expects the stock to go.
Even the most bullish of prospective buyers have become wary of the name. But rather than an outright purchase of shares, this provides a classic example of a situation where options can provide a better risk/reward proposition.
As LinkedIn options trade for the first time today (Friday), pricing remains a bit unusual because of the newness of the social-networking stock.
According to Bill Lefkowitz of vFinance Investments, early trading indicates puts are trading at a premium to calls in price and are also, trading bigger size.