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Someone Bet on Meta Hitting $1,000, Just Not This Year

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ticker lesson

Breakdown

0:04MA· ticker

Meta — options flip, $32.3M puts bought

  • Options money flipped
  • Meta (MA) options activity
  • Put buyers got what they wanted
  • Share price declined to 690
  • Earnings report upcoming
2:03MA· ticker

Meta — options flow shifted to bullish

  • Put flow shifted to bullish
  • 8.01M puts in 30-min span
  • Short-dated calls at 695, 700
  • Break evens at 72615, 72855
  • Long-dated calls at 705, break even at 74450
3:52MA· ticker

Meta — earnings report, revenue expectations

  • Earnings report on Wednesday
  • Revenue expected at $63.3B
  • Guided range 61-64B
  • Operating income down 7%
  • $10B legal charge
5:34MA· ticker

Meta — capex and spending outlook

  • Capex guided at $130-145B for 2026
  • Bank of America suggests 205B for 2027
  • Muse has 8.9M downloads
  • Muse Wonder launched on 10/12
  • Investors question return on capex
5:35MA· ticker

Meta — options strike analysis

  • October 695 and 700 calls
  • Break even at 72615, 72855
  • November 705 calls break even at 74450
  • 2028 calls break even at 998-1041
  • Annualized returns 18-20%
5:36MA· ticker

Meta — earnings volatility and implied moves

  • Historical earnings reactions exceed implied
  • Implied move at 5.9%
  • Premium sellers beware
  • November 705 call gives more time
  • 2028 call ignores earnings report
5:37lesson

Options timeframes and theta decay

  • Short-term vs long-term options
  • Theta decay impacts short-term
  • Long-term positions less affected
  • Different timeframes, different risk
  • Signal vs noise in options flow

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