Why Meta Platforms Stock Crashed Today
State attorneys general seek $200 billion or more in damages as they accuse Meta of designing addictive platforms and collecting data from children under 13.
6 Articles
6 Articles
STOCK MARKET: Meta’s legal troubles has options traders eyeing the ‘jade lizard’
One of the many beauties of options trading is the ability to make money on a rangebound stock. Shares of Meta Platforms are presenting that opportunity right now. With its upside capped by litigation and much of the downside has already been priced in, it may make sense to try to capture some elevated options premium and sell both sides. The curiously named options strategy “jade lizard” — more on this in a second — collects a rich premium with…
At the maxi-process in California. The company is accused of promoting, through its own platforms, the birth of addiction behaviors in children and young people
US stocks fell on Tuesday for the third consecutive trading day in the red as chip stocks led by Nvidia came under pressure, while Meta Platforms continued its decline as a crucial lawsuit began.
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