DailyPlay – Adjusting Trade (META) – October 29, 2025

META Bullish Trade Adjustment Signal

Investment Rationale

Adjustment Rationale:

META has rallied meaningfully from our initial entry point, but as we approach earnings later this afternoon, we are going to roll our position up to the Dec 19 $750/$700 Put Vertical to lock in some profits and re-center the trade for a potential continuation of this trade to the upside. We remain constructive on META at 24x forward earnings, especially with revenue growth rates around 17% and net profit margins approaching 40%, META remains one of our top picks within the AI space. 

Adjustment Trade

META @ $751.44

Days to Expiration (DTE): 51

BUY TO CLOSE 1 Nov 21, 2025 $710/$685 Put Vertical Spreads @ $6.48

SELL TO OPEN 1 Dec 19, 2025 $750/$700 Put Vertical Spreads @ $20.35

META – Daily

Trade Details

Strategy Details

Strategy: Rolling a Short Put Vertical up and out

Direction: Resulting in a new Bullish Credit Spread

Details: Buy to Close 1 META Nov 21 $710/$685 Put Vertical Spreads @6.48 Debit and Sell to Open 1 META Dec 19 $750/$700 Put Vertical Spreads @ $20.35 Credit.

Total Risk: The resulting position has a maximum risk of $2,503 (2,965-462), calculated as the new max risk of the spread sold ($2,965) minus the premium gained from the closing the initial trade ($462).

Trend Continuation Signal: This is a bullish trade on a stock that is expected to continue higher over the duration of the trade.

1M/6M Trends: Bullish/Bullish

Relative Strength: 9/10

Stop Loss: @ $40.70 (100% loss to value of premium)

Entering the Trade

Use the following details to enter the trade on your trading platform. Please note that whenever there is a multi-leg option strategy, it should be entered as a single trade. 

PLEASE NOTE that these prices are based on Tuesday’s closing prices. Should the underlying move significantly during the pre-market hours, we will likely adjust the strikes and prices to reflect a more accurate trade entry.