Sell Put Option Trade Call on META

3 days ago

"Next trade is going to be Meta. Meta specifically, guys, is a very good stock because it has come down a lot from its high following a big earnings surprise. I'm going to be selling a put option because I am 99% sure that the strike at 593 represents a massive discount and solid value for Meta. That's exactly the safe put option I'm going to sell right now, as I aim to get into Meta at around 600 per share."

The trader is selling a put option on Meta (META) after observing a significant decline from its highs post-earnings miss. He expresses high conviction in the valuation, stating that the 593 strike is a compelling discount point to potentially acquire Meta at around 600.

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