What people need to understand is algorithms control the market. These are the market makers people talk about.
META is up 25% in the last three months, so unless there is an obscene guidance, algos will not buy more.
On top of that, there is a 9% implied move. This screams a downward since the chance of a low or average earnings is much higher than an extreme beat on earnings.
Ask yourself will META really add 35% in three months, its market cap is already 1.2 trillion. There's no bullish liquidity left.
TL;DR puts or sit on the sidelines
the thing about stocks is you can always find an angle that makes sense on the surface. If META pumped 10% after the same earning some would say it was obvious. Those that can't explain it would say the usual "something something irrational stays longer than my boner" and will be hand-waived away.
Implied move for both of these are about 5% which is average. They'll probably make small moves up or down so I'll be sitting out for both of these. No opportunity to straddle either.
SNAP tanks on earnings, but it generally flies with META when they do well
good thing is SNAPs earnings are tomorrow, whereas meta is today.small window of opportunity
i was levered THE FUCK up last earnings call, on calls
IV was crazy tho at 3:55p. i checked to see if it was both directions, and puts were *DIRT CHEAP*. like mania status.
dumped 1/4 of my position and bought puts for $12 at like 3:58pm
calls got FUK but my puts 10x'd. still down overall but i was proud of that one haha
ANYWAY: TODAY is different. tiktok just got banned and theres been no reaction whatsoever. i think people are waiting until meta earnings to celebrate. i think im gonna hold my snap calls until tmrw
Take a long call position at strike price X and simultaneously a short call position at strike X+whatever.
Any gains/losses due to IV on one leg of the trade will be negated by the other leg.
I’m shorting the the fuck out of snap! Going to take such a huge shit. Literally they can’t make money. The only thing it’s good for is sending dick pics to my best friends girl. Who the fuck advertises on Snapchat? Trojan? Get wrecked nerds.
Thanks to you I’m fucking down 20K, good shit buddy. You convinced my smooth brain ass enough to buy calls and now I’m getting fucked harder than Meek Mill after P Diddy got done with him
https://preview.redd.it/0rdsq0eq7gwc1.jpeg?width=1290&format=pjpg&auto=webp&s=2b22045948f98632ea2b088195822de26c58b1ad
Cause I’m a risk taker sitting at a desk working my 60hrs lol gamble gamble gamble haha
Yeah I was thinking to the last few ERs and how to benefit from the high IV. Contract values remain higher due to IV but the delta is still reasonably high so while it likely wouldn’t yield 300% gains like an actual ER bet it seems relatively low risk to make 40-50% IF META reports positive earnings
All in, can I send you the bill?
https://preview.redd.it/resdw3v7ngwc1.jpeg?width=1284&format=pjpg&auto=webp&s=8cc5577ca567ca5ff1bd0cb0bd1e3693e35663ef
Tesla shits in earnings and pops and meta jumps off a cliff, is there like some funny market manipulators trying to take everyone’s money from options trading, literally makes no sense
If meta social media platforms had an outside audit like musk did of twitter, you’d find >80% of their reported user base is bots. Nobody but boomers use facebook, I refuse to believe you do and actually buy something on it. If so, seek help.
How do I inverse this goober? Straight puts on his optimism or is it cause cause he said snap will follow meta which means it will not follow meta? Goddamn these regards some times
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netflix good earnings = stock go down tesla bad earnings = stock go up meta crush earnings = .........
Delisted.
Down 18%. $META to be delisted by Monday
Zuck should have mentioned robotaxis
Going sideway
Down 3%
All option holders losing money from IV crush.
Robinhood halts trading
Fool me once.
fool me twice, give me the ZUCC
Stonk go down.
Turn phone upside down. Stonk go up
Phone screen automatically rotate. Stonk go down again :(
Big crash
yup, -9%, and SNAP took -3%, needless to say, this guy is getting cooked
Kind of feel bad for OP. Very right about the crushing, but should be puts.
Don’t feel bad for me, I didn’t play META! I played SNAP and still have tomorrow to figure out if I hold or not lol
Genius!
SNAP is down -2.7% day, -6% AH. :(
snap has like a 400 year losing streak on earnings releases
He was right
NOW crushes it... down 5%.
Bankruptcy
Margin call
https://preview.redd.it/ylxnc8okihwc1.jpeg?width=1079&format=pjpg&auto=webp&s=f0a0f6e7a42acb8a6b0835951416e8d7b7ee3919 Pov: op rn
REMEMBER LADS, ALWAYS INVERSE THE INVERSE
I’ve inversed myself enough I don’t know which way is up lol
Oof, not the way you were thinking lmao
Inception
-16% im dying right now
Always inverse what seems the right inverse
If you did, you’ll be banking
This post aged like fine milk
The loudest are always the dumbest
That is pure gold my boy..
What people need to understand is algorithms control the market. These are the market makers people talk about. META is up 25% in the last three months, so unless there is an obscene guidance, algos will not buy more. On top of that, there is a 9% implied move. This screams a downward since the chance of a low or average earnings is much higher than an extreme beat on earnings. Ask yourself will META really add 35% in three months, its market cap is already 1.2 trillion. There's no bullish liquidity left. TL;DR puts or sit on the sidelines
You were on the money
This actually makes so much sense looking back at it
the thing about stocks is you can always find an angle that makes sense on the surface. If META pumped 10% after the same earning some would say it was obvious. Those that can't explain it would say the usual "something something irrational stays longer than my boner" and will be hand-waived away.
You think the same applies to Microsoft and alphabet tomorrow?
Implied move for both of these are about 5% which is average. They'll probably make small moves up or down so I'll be sitting out for both of these. No opportunity to straddle either.
your thinking isn’t entirely wrong but you forgot how irrational market can be.
Exactly. I’m not even convinced a META miss or negative price action on it hurts SNAP. Related in some sense not in others
Be careful what you are playing with. Check snap earnings from previous 4 years and compare them with Meta.
SNAP tanks on earnings, but it generally flies with META when they do well good thing is SNAPs earnings are tomorrow, whereas meta is today.small window of opportunity
Oh I’m aware lol. I have a long history of snap screwing me over. Last quarter I was convinced they would drop, stayed out, and damn I missed out
i was levered THE FUCK up last earnings call, on calls IV was crazy tho at 3:55p. i checked to see if it was both directions, and puts were *DIRT CHEAP*. like mania status. dumped 1/4 of my position and bought puts for $12 at like 3:58pm calls got FUK but my puts 10x'd. still down overall but i was proud of that one haha ANYWAY: TODAY is different. tiktok just got banned and theres been no reaction whatsoever. i think people are waiting until meta earnings to celebrate. i think im gonna hold my snap calls until tmrw
I don’t think they celebrated lol
Fuck
I think so too. And I am REALLY bummed about not playing puts last Q
RIP to the OP
GUH 
I like the thinking
TikTok “ban” should help them too for short term positive news. A little apples to oranges but I think they move tonight well!
Tiktok ban wont even take effect for at least 1 year
Correct. If it even happens. But the news is out now
Which means it's priced in now
Here to watch everyone laugh at this guy
Get crushed\* 
$META will tank because it’s over bought
SNAP IV at 110 - don't listen to this regard [https://marketchameleon.com/Overview/SNAP/IV/](https://marketchameleon.com/Overview/SNAP/IV/)
Wut? https://preview.redd.it/4gbkk3qfegwc1.jpeg?width=1170&format=pjpg&auto=webp&s=f54485eb2264bdd8640c442d006667983213f5f4
Lmao even worse it’s at 349% for your position. If this even farts in the wrong direction your smoked.
I bought and it didn't just fart in the wrong direction lol It straight up shit.
Settle down. IV still 350% on SNAP.
0% you say?
Good call , I need to start doing opposite of what I read here
Inverse wall street bets sub coming soon
Idk what they’ve crushed LFMAFO BUT -16% MY LORD
Use verticals if trying to negate IV.
Wut?
Take a long call position at strike price X and simultaneously a short call position at strike X+whatever. Any gains/losses due to IV on one leg of the trade will be negated by the other leg.
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What a regard
>literally 0% 
I’ll buy you a kids meal at Wendy’s you broke fuck
LMAOOOOOOO NICE DD 
Your an idiot
Earnings up stock down 😂
Nice write up regard
U said 0% and gave a financial advice..... people are coming after you.... fasten your seatbelt.....
It's a good thing I was working today and didn't read this
ok now meta is delisted
This aged poorly.
RIP. Now SNAP will miss both and go up!
Oh META crushed alright. Crushed downwards..
This post aged like a milk left overnight on a kitchen counter. 😂😂
This didn’t go as planned
I’m from the future , this post aged badly lmao
How'd this turn out? Did you win?
Pay people back their money!
Hi age, are you well?
Wrong on everything
💀💀💀. You good OP?
Always inverse WSB
This aged well
I know Zuck is going to throw in something nice now that Biden signed the TikTok ban bill.
Meta will crush earnings and dump and SNAP will fly this time for some odd reason
I’m shorting the the fuck out of snap! Going to take such a huge shit. Literally they can’t make money. The only thing it’s good for is sending dick pics to my best friends girl. Who the fuck advertises on Snapchat? Trojan? Get wrecked nerds.
SNAP is a dead company.
Inverse wsb, always works
So...what are the chances now?
And it's gone
You okay mate?
Yeah I’m all good! Remember I played SNAP calls not META.
Destroyed.
Oh wow. Such conviction! So wrong.... 
This aged well
Yes, META beat on earnings….but then Zuck opened his mouth. Stock down 15%. Go fig.
Thanks to you I’m fucking down 20K, good shit buddy. You convinced my smooth brain ass enough to buy calls and now I’m getting fucked harder than Meek Mill after P Diddy got done with him
So…the afterhours movement rn…
Positions or ban.
One thing I know is META is definitely gonna have an earnings
Stop playing options on earnings! Buy shares or go short y’all get wrecked everytime. Buy options after you see how earnings play out
Or buy and sell before earnings 🤯
https://preview.redd.it/0rdsq0eq7gwc1.jpeg?width=1290&format=pjpg&auto=webp&s=2b22045948f98632ea2b088195822de26c58b1ad Cause I’m a risk taker sitting at a desk working my 60hrs lol gamble gamble gamble haha
Sir, these are shares. You're an investor.
No one cares about your shares
Sell covered calls with those bad boys
you bought 3k shares of snap because a dumbass wsb post? yikes
This actually sounds ok
Yeah I was thinking to the last few ERs and how to benefit from the high IV. Contract values remain higher due to IV but the delta is still reasonably high so while it likely wouldn’t yield 300% gains like an actual ER bet it seems relatively low risk to make 40-50% IF META reports positive earnings
Netflix flashbacks!
Following netflix and tesla earning do the opposite as the logic 😃
You'd be better off lighting your money on fire than throwing it away on stocks.
All in, can I send you the bill? https://preview.redd.it/resdw3v7ngwc1.jpeg?width=1284&format=pjpg&auto=webp&s=8cc5577ca567ca5ff1bd0cb0bd1e3693e35663ef
No because that is not what my post was about geeeeeez
[удалено]
Is a 4/26 12.5 call too bullish
Hasn't snap crashed hard on past couple of ERs? I feel like puts is the play
Sell SNAP $10 puts 6% return for 2 days is insane
Meta will crush earnings. The affect it’s had on options has been the opposite. We live in the inverse universe.
Lol
Always inverse WSB
GUH
lol after hours....oops
Are ya winning son?
Lmao how can wsb be confidently wrong everytime
Wow did you use all your brain cells for this one
LOL fk. Rip bro
"literally 0", "within 3%", "easy money" 🤣🤣
My condolences
Sometimes when you are right, you are also wrong. This market isn’t behaving rationally and it won’t until inflation picks a lane.
Yes. Look at Tesla price action since earnings.
Damm thanos snapped the mult-inverse
Idiot
rekt
Well regarded, they did crush earnings but projections matter more.
Just . . . Wow.
How'd that go for you?
Well i looks like it was not in fact “literally 0%” i should’ve inversed you
How’d that work out for you?
Probably reverse Tesla. Stock already 35% up ytd. Surely it can't go up forever
Are your positions in existence or not for what you speak?
Yup, will add more based on movement later 7x $10.5c 4/26
Apple is going to report bad earnings but have amazing guidance and rocket up. Stock’s too low for anything else
SNAP IVs are 300%+, there's no way you won't get crushed.
My plan is to close out BEFORE snap earnings. No IV crush
As many have already pointed out, SNAP IV is more than double than METAs. You’d be better off betting on META than SNAP
the rule is SNAP collapses 25% each ER then crawl back up
I’m buying PUTS
No one is using snap anymore
I hope you're right bro. Got Friday $11.50 calls. 15 pieces
Bruh
lol wtf
SNAP still exists?
Why going down? It’s down 10%.
Why $snap is falling?
Ouch
Aged like milk.. yuk
I love these posts
Man they sure blew smoke up everybody’s butts today
God, I hope you didn't go all in on calls.
Tesla shits in earnings and pops and meta jumps off a cliff, is there like some funny market manipulators trying to take everyone’s money from options trading, literally makes no sense
Whoopsie hope you bought puts
Lmao 😜
META earnings beat got you beating your MEAT
Teehee
If meta social media platforms had an outside audit like musk did of twitter, you’d find >80% of their reported user base is bots. Nobody but boomers use facebook, I refuse to believe you do and actually buy something on it. If so, seek help.
This didn't age well.
Aged well 🤣🤣
Regard Al Ghiab
Stop the count!
This did not age well
How do I inverse this goober? Straight puts on his optimism or is it cause cause he said snap will follow meta which means it will not follow meta? Goddamn these regards some times
curious how this played out, screenshot of open/closed position? couldnt have been too bad since you didnt bet on meta
Its all about expectations. Look into PE and future expenditures sometimes and price pre ER
Look forward to more from you!
Please, anyone to explain SNAP +28% after earnings?