Meta Platforms earnings next week

FB 4hr chart before Q1 earnings next week 4/27 at 4:05pm.

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/

Comment:

4/29 expiry otm call

Comment:

If I was a bear I'd get some call insurance

Comment:

FB earnings Wednesday
Q1 March 2022 Consensus:
EPS = $2.58
Revenue: $28,280,000,000

Meta Platforms (FB) reported Q4 December 2021 earnings of $3.67 per share on revenue of $33.7 billion. The consensus earnings estimate was $3.78 per share on revenue of $33.4 billion. Revenue grew 19.9% on a year-over-year basis. The company said it expects first quarter revenue of $27.0 billion to $29.0 billion.

Comment:

Meta Platforms Beats. Meta Platforms (FB) reported Q1 March 2022 earnings of $2.72 per share. The consensus earnings estimate was $2.54 per share on revenue of $28.3 billion.

Comment:

FB +20% +$30 post market

Comment:

FB p/e 15

Comment:

Meta p/e 15.4

Comment:

FB 6/17 expiry options data:
Put Volume Total 12,286
Call Volume Total 10,500
Put/Call Volume Ratio 1.17
Put Open Interest Total 238,295
Call Open Interest Total 363,555
Put/Call Open Interest Ratio 0.2
200 Call 26,042 OI
200 Put 29,632 OI

Comment:

Even FB up today

Comment:

Idunno what the catalyst was but FB just did a wicked intraday bullish reversal

Comment:

META 7/15 expiry options data:
Put Volume Total 3,326
Call Volume Total 6,526
Put/Call Volume Ratio 0.51
Put Open Interest Total 135,953
Call Open Interest Total 207,885
Put/Call Open Interest Ratio 0.65