To The Moon

$Meta Platforms, Inc.(META)$   META is flying today! Stock up over 6% after reports surfaced that the company plans up to 30% cuts to the expensive metaverse budget. This is a clear signal that cash is being freed up and redirected toward better-performing core business areas and, critically, the booming AI development race. Great to see a focus on discipline—this is a huge win for investors. 

$APP 20251128 540.0 PUT$  This APP position update confirms the volatility risk inherent in the Short Strangle, with my Cash-Secured Put (CSP) expiring worthless, which is a perfect win on that side, but the short call being assigned despite closing slightly out-of-the-money, a common occurrence due to factors like sudden late-day trading or the assignment process itself. The unexpected assignment has immediately created a high-risk liability: I now have a naked short position of 100 shares at the $600 strike price, and as I correctly noted, the dual pressure of the stock continuing its rally and the daily accrual of interest charges on the borrowed shares makes swift, tight management essential. My idea of either buying t

$SPY DIAGONAL 251201/251205 PUT 673.0/PUT 655.0$  This Cash Secured Put (CSP) was initially opened last week but was rolled down and out when the market took a sharp midday U-turn, putting it deep in the money (ITM). Following the recent market recovery, the contract is now Out of the Money (OTM). To quickly ease margin, the position was rolled backwards (in time) and up (to a higher strike). The new contract is set to expire this coming Monday, significantly shortening the expiration window. As always, the adjustment was executed for a net credit to maintain clear profit/loss tracking.