Speaker holds a bearish stance on META despite recent new highs; previous short position was unsuccessful.
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like Micron and AMD and things like that. Those were and Meta those were impossible stocks to trade. can I bet $10,000 that that you're bearish meta right now?
I am and I hate it and it's not working. but I got short Meta and you know and Micron and that did not work.
you know basically Meta story is an AI story. Meta made new highs
compare that to to selling into the meta 80 point run because that's like the whole world's buying meta. speaking of meta though, have you looked at Muse, their new Have you seen what it does at all?
I heard them talking on CNBC though that um that it does like one one of those apps does like it will go through your bills and eliminate like waste if you wanted to, which sounded cool.
Yeah, I have very little faith or trust in Zuckerberg in general. I I'm not a Zuckerberg apologist and I I don't love the man at all. So I I you know I take it all with a grain of salt and just say, "Okay, I'll check it out eventually." But I'm not I'm in no rush.
we know you don't like Mark Zuckerberg. Like I don't like Zuckerberg for my own personal reasons.
markets coming off their highs a little bit. Meta is not something I think I would want our audience getting involved with, obviously, because it's just too crazy right now.
I knew. I was like meta definitely involved. But like you got involved after the the big move up. I I think this is a good kind of I I like the fact that Meta has so Meta has options that expire today.
They do, but you know Meta not the greatest stock option. The markets are kind of crappy in there. I mean they're fair. I just feel like this is like I guess if you know whatever this is a good kind this is the kind of stock I would like for an intraday riskreward because sure on one hand it could keep going but on the other hand if the market rolls over because bonds are at their lows um and you get like a selloff into the close if this stock went negative today like like a 750 put if it reverses 20 point you can make nine to one on your money like you shouldn't risk a lot on it.
But it's it's a pretty it's pretty good, you know, one day riskreward if you keep it under control.
the interesting thing about Meta and I talked about this this morning actually on our morning show. Um I bought the 740 745 put spread yesterday and you can do it better today obviously, but um uh the at the money put spread and it trades right around you know like half the width of the strike.
So like if wherever meta is the put spread will trade around you know the $5 wide put spread will trade for 250 if you buy the at the money but the expected move in meta over the course of from now to November is over $100.
It's like 107. So either you're going to be either you're going to be very right or very wrong but there is like you're not going to pin at 745. I mean the expected move of the stock is $100,
What this channel has said about $META
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