I hope this isn’t another Guac story, brave soul..
Desmater on
Good luck brother.
Also at least your strike makes sense. Implied move is $44ish.
I feel like they will beat. But not sure how the market will take it.
So no position.
OppositeArugula3527 on
I’m so conflicted, the 18k yolo META puts guy vs OP.
Alien_303 on
I was thinking of throwing 1-2k in meta puts for earning. After looking at your post, I’m feeling lucky. 😄
turtleboats on
Godspeed
royzoinstock on
Call it is.
_foldLeft on
Last Q they tanked 20% after announcing continued spend on the reality labs black hole, and nothing this Q is gonna change there.
Not sure it’s gonna gap lower after the pullback, but highly doubt it gaps up (and stays)
According_Web_8907 on
Oh I can see the loss porn already. Well, at least they’re leaps, so I suppose there’s a chance
[deleted] on
[deleted]
Prometheus651 on
lol bought a 3k position at 485C for this Friday… feeling a bit better about that after seeing this. Expecting the gap up on good earnings. The R&D spend is priced in after last Q, in my opinion.
LAcityworkers on
After the market response to Googles spending you didn’t think maybe metaverse free spending zuckerberg might pull something similar and buy a put, 1 put or 1 put spread 400-380 ?
BuySlySellSlow on
Damn it, Jimbo! Makes my decision tougher. I like META and have calls. But was thinking of selling before earnings… I feel like the market may react poorly. I think AI expectations are set WAYYY too high this time around.
Sharp-Direction-6894 on
Out of curiosity, what amount of your portfolio are these positions?
Samjabr on
This move doesn’t look regarded at all.
Sir, are you lost?
RemyVonLion on
Meta and Tesla are the only Mag 7 stocks I don’t have a share of, probably gonna get one of Meta when I can, but Tesla? I’m not touching that untamely beast.
AliTheDubb on
!remind me in 4 days
CanadianBrogrammer on
!remindme September 19
Redditaccount2322 on
Good luck. META beating and raising would be hugely bullish for my portfolio. I’m out on META currently. Respect the balls to toss $100k into leaps rather than shares. I’ve gotten fucked so hard the last two weeks that I might as well do the same.
What’s leading to the bullishness with the Goog earnings hitting / beating on most metrics and getting dicked in AH? I bought that dip and am holding quite a bit of amzn now as well.
CasulaScience on
I’m a huge options noob, is this 170k for ~$500k per dollar the stock goes above $500 before Sept 20? (200k shares on the first option and 290k shares on the second option)
Prepare your Wendys Application Regard
0dteOfWallSt on
In bull we trust
kwmi83 on
Meta will tank on earnings after 6-8 quarters of big moves higher in earnings it’s that time where analysts estimates have become too optimistic and must come back to earth.
PharmDinvestor on
Meta will tank another 20%
Clean-Step on
Thats a YOLO!
danfay222 on
I have a lot of stock tied up in Meta so I sincerely hope you’re right. Good luck
justinfromnz on
God speed o7
One-Solution-3211 on
Got my popcorn ready because meta is going down
dc_co on
I’m in on stock only… hope your play works out for both of us!
31 Comments
Meta balls you have
I hope this isn’t another Guac story, brave soul..
Good luck brother.
Also at least your strike makes sense. Implied move is $44ish.
I feel like they will beat. But not sure how the market will take it.
So no position.
I’m so conflicted, the 18k yolo META puts guy vs OP.
I was thinking of throwing 1-2k in meta puts for earning. After looking at your post, I’m feeling lucky. 😄
Godspeed
Call it is.
Last Q they tanked 20% after announcing continued spend on the reality labs black hole, and nothing this Q is gonna change there.
Not sure it’s gonna gap lower after the pullback, but highly doubt it gaps up (and stays)
Oh I can see the loss porn already. Well, at least they’re leaps, so I suppose there’s a chance
[deleted]
lol bought a 3k position at 485C for this Friday… feeling a bit better about that after seeing this. Expecting the gap up on good earnings. The R&D spend is priced in after last Q, in my opinion.
After the market response to Googles spending you didn’t think maybe metaverse free spending zuckerberg might pull something similar and buy a put, 1 put or 1 put spread 400-380 ?
Damn it, Jimbo! Makes my decision tougher. I like META and have calls. But was thinking of selling before earnings… I feel like the market may react poorly. I think AI expectations are set WAYYY too high this time around.
Out of curiosity, what amount of your portfolio are these positions?
This move doesn’t look regarded at all.
Sir, are you lost?
Meta and Tesla are the only Mag 7 stocks I don’t have a share of, probably gonna get one of Meta when I can, but Tesla? I’m not touching that untamely beast.
!remind me in 4 days
!remindme September 19
Good luck. META beating and raising would be hugely bullish for my portfolio. I’m out on META currently. Respect the balls to toss $100k into leaps rather than shares. I’ve gotten fucked so hard the last two weeks that I might as well do the same.
What’s leading to the bullishness with the Goog earnings hitting / beating on most metrics and getting dicked in AH? I bought that dip and am holding quite a bit of amzn now as well.
I’m a huge options noob, is this 170k for ~$500k per dollar the stock goes above $500 before Sept 20? (200k shares on the first option and 290k shares on the second option)
https://preview.redd.it/lpinf2oiskfd1.jpeg?width=1179&format=pjpg&auto=webp&s=1821f2bbe0f71cc0f60b56a8aa70306a179c2926
Your hosed for sure
Prepare your Wendys Application Regard
In bull we trust
Meta will tank on earnings after 6-8 quarters of big moves higher in earnings it’s that time where analysts estimates have become too optimistic and must come back to earth.
Meta will tank another 20%
Thats a YOLO!
I have a lot of stock tied up in Meta so I sincerely hope you’re right. Good luck
God speed o7
Got my popcorn ready because meta is going down
I’m in on stock only… hope your play works out for both of us!