Did this trader just make the

Did this trader just make the play of a lifetime?

At ~2:45PM yesterday, someone bought 500 $META 550-strike puts for $7,500 total.

These contracts were worth 0.15 ($15) each at the time, with only 2 days until expiration.

With a steep 8% drop in $META today, these contracts are now worth a staggering 7.70 ($770) each, or a total value of $385,000.

That's a 50x return overnight.

Meta Biggest Drop Ever: Capex Concerns Back, Enters Buy Zone Again?

Meta plunged 8% in its worst session since October 2023. First, a landmark ruling from a California jury on Wednesday found Meta and YouTube liable for "negligent platform design" leading to social media addiction in minors. Simultaneously, Meta confirmed it is expanding its El Paso, Texas data center project from a $1.5 billion initial plan to a staggering $10 billion megaproject. Aiming for 1 Gigawatt (1GW) of power capacity by 2028. Can Meta maintain its 30%+ operating margins if "Addiction Taxes" (legal settlements) become a recurring cost? Is it entering buy zone again?

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