I opened $META 20240802 400.0 PUT$  ,Sell put on META expecting it to stay above 400 from its earnings call on 31/7. May choose to keep the shares of falls below 400 or exit before ER. Play by ear.
META PUT
07-17 23:42
US20240802 400.0
SidePriceRealized P&L
Sell
Open
3.12--
Closed
Meta Platforms, Inc.
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  • happyli
    ·07-18
    TOP

    Is Meta’s falling due to the the possibility of Trump being re-elected?

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    • ZEROHERO
      Why META nose dived for 5 days? 1. Trump expressed support for social media platform TikTok. 2. META last earnings caused a huge plunge so investors are now afraid. 3. Sector rotation out of big tech after Powell’s speeches as posted yesterday.
      07-18
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    • ZEROHERO
      Why META nose dived for 5 days? 1. Trump expressed support for social media platform TikTok. 2. META last earnings caused a huge plunge so investors are now afraid. 3. Sector rotation out of big tech after Powell’s speeches as posted yesterday.
      07-18
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