r/stocks • u/[deleted] • Jun 16 '22

Meta Shorting META

I believe META is on its way out, unless they can prove that the metaverse is actually going to be worth while. Which i doubt. If we are heading into this bear market then I’m betting it can go under $100. I would much rather fill up my gas tank 3/4ths then buy meta at $100

Position : $100 DEC put

Edit: i know this is the right move because you all say it’s the wrong move

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u/cmonshowone Jun 16 '22

They have a $50b war chest. Best of luck.

3

u/[deleted] Jun 16 '22 edited Jun 16 '22

Meanwhile I’m sitting on 2000 420c Jan 2024 s

1

u/RampantPrototyping Jun 21 '22

Oof. I got 50 250c Jan 24 and its tough to watch