The Single Most Bearish Thing about the Facebook/Meta Earnings (Don’t Buy the Dip ‘Tards)

by catbulliesdog

Imho the single worst piece of news out of that mess last night was that the Apple privacy setting changes would knock $10B off of FB revenue.

To me this means two things:

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  1. Facebook doesn’t control its own revenue stream because it relies on outside partners it has no relationship with to enable its profits.
  2. If the Apple privacy settings are popular, Andoid is going to copy them, and how much of another giant hit is that going to be to revenue.

FB just got beaten into the ground, so I’m not going to recommend more puts, you’d get killed on IV alone and this is a long term issue, but it is one HELL of a reason to not buy the dip.

Also a good chance to sell call spreads if you’re Theta-curious.

 

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.

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