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rrturtles2
Nov 23, 2021 5:11 PM

shorting to 310s? Short

Meta Platforms, Inc.NASDAQ

Description

Expecting a possible rise late today/tomorrow and then a continued drop through Dec 3 down to sub 320s and maybe 310s or 285 in an extreme case.

Using Dec 3 330p
Comments
Fleetline
NASDAQ in general on a slide... hopefully your Put works out. Good exp. we'll see tomorrow... I got a bull spread 330/325. lots of resistance might have to dump. feel the same about Tesla. seems like Put ville all week. whole market seems like it's on a correction... back to reality. Bears 🐻💰 getting ready for the winter
rrturtles2
@Fleetline yours right, it's the whole t+faang that are rolling down now. as they do, the delta hedging changes and we bleed down. the volume shelves are good indicators of where we head and look to have been a while I'm the making. I'm doing the btr... buy the rise as the top is in. it's a less risky trade moving down than hoping for ath in tech rn. good luck!
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