Bought 1 META Call Option

With a big dip yesterday, and the stock being put on WallStreetBets top 10 trending stocks as of November 1st, I just bought 1 META Call option. Facebook (META) was down $25 in a down market yesterday so I decided to take advantage of the reduced price. With META at $566 I bought 1 META 12/20/24 $570 Call for $27.45.

Buy to Open 1 META 12/20/24 $570.00 C @ $27.45 

I went out to December 20th with my Expiration for Time Decay protection.

I made the trade a few minutes ago with the stock at $566 and the stock is already up to $572.

Successful trading,

Steve

The Options Coach

Leave a Reply

Your email address will not be published. Required fields are marked *