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0.000433455856855538 0.000416117622581332 0.000416117622581332 0.000364102919758715 0.00209792634718087 0.00136972050766363 0.0040918232887163 0.00130036757056661
Stock impact report

Meta Platforms Inc. (META) Bullish Options Trade Unveiled [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
On the same segment, Rick Ducat, the network's Lead Market Technician, analyzed META's technical status. The Bullish Options Trade on META White suggested buying the $545 calls that expire on May 16 and selling the $575 calls that expire on May 2. If the stock rises above $550, the traders who use this strategy will realize a profit. They will pay net premiums of $18, and their risk is $1,800 per spread, White stated. The Technical Status of META Over the last year, META has outperformed both the Communications sector and the stock market, rising 29% during that time, Ducat noted. But the shares have "been on a pretty consistent downward slope since February," he added. However, recently the name has been "pushing above its downward sloping channel." A potentially important level for the shares is around $543, which recently represented the 21-day and 52-day exponential moving averages followed by Ducat. On the other hand, $585, which represents the stock's recent hig Show less Read more
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