META Time TO BUY SAFELY AS FOLLOWS with a Margin of SAFETY

Get the META Stock at a discount or get a safe income by selling Deep Out Of the Money Puts:

** Background as of today META is rebounding to 134 but with FOMC November/December and mid terms, things could drop fast for META to 110-100 area. I want to structure a trade to take advantage of the current premiums regardless of what the market does - as long you are comfortable with the below outcomes.

Sell DOTM 100 Strike June Puts for $8

Two Possible Outcomes:

a) Price is at or below 100 at expiration - I get the stock for a long term at better than my target price 111 support. If assigned, the cost basis will be $100 - $8 = $92 which is a great price to own META for the long term

b) Price is above the $100 strike price at expiration - I make income from the credit receive $8 / $100 = 8% ROI for 9 months which annualized is over 10.55% .

The trade also gives you a Safety of Margin should the entire market continues down as follows current price $133.6 - $92 (assignment Cost)= $41.6 dollar buffer for a stock I want to own and keep long term

As you can see neither is a bad outcome they are both acceptable for the cash invested..

Hope this helps

Take care Marc