META: collect 4.65% premium on this cash secured put with strike at $465.
Contract will expire in 5 weeks on 16th May.
Price had been coming back down after the initial pump after last Wed tariffs pause.
The latest is related to Mark's over META antitrust case.
News can pump and dump a stock, I believe usually these will end up in fines and would not do much harm to the company.
Even if breaking down the company into separate entities might be a positive news instead of negative.
Meanwhile, will collect some premium while the stock is showing signs of weakness of late.
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- SiongZ·04-16Great strategyLikeReport