META Meta Platforms Options Ahead Of Earnings

If you haven`t sold META last year:

Or at least when it approached our Buy area:

Then you should know that looking at the META Meta Platforms options chain, i would buy the $135 strike price Calls with
2022-11-11 expiration date for about
$6.75 premium.

Looking forward to read your opinion about it.

Kommentar:

FB price target was reached yesterday, when it went higher, to $138.
My personal rule is to close the options if the stock reaches the price target before the earnings.