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Jul 23, 2023 1:16 PM

META Platforms Options Ahead of Earnings Short

Meta Platforms, Inc.NASDAQ

Description

If you haven`t sold META here:

Or reentered here:


Then analyzing the options chain and chart patterns of META Platforms prior to the earnings report this week,
I would consider purchasing the 290usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $27.70.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.


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