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META

-1 PUT $440 +$41 (+91%)
0d to expiry · Apr 13
Current Price
$100.00
Strike
$440
Sold @
$0.45
Now
$0.04
P&L
+$41
Today
+$5
META @ $100.00
2 Weeks Out 2026-04-24 · 12 DTE
Safe
$108
$0.30 ($30/contract)
Delta
0.07
Theta
-0.04
IV
29%
93% Profit chance
Balanced
$104
$1.35 ($135/contract)
Delta
0.25
Theta
-0.11
IV
32%
75% Profit chance
Aggressive
$101
$3.20 ($320/contract)
Delta
0.53
Theta
-0.17
IV
34%
47% Profit chance
Earnings May 15, 2026
45 Days Out 2026-05-29 · 47 DTE crosses earnings
Safe
$112
$0.80 ($80/contract)
Delta
0.08
Theta
-0.02
IV
31%
92% Profit chance
Balanced
$106
$2.90 ($290/contract)
Delta
0.24
Theta
-0.06
IV
33%
76% Profit chance
AI Runner Up Aggressive
$102
$5.90 ($590/contract)
Delta
0.51
Theta
-0.09
IV
35%
49% Profit chance
90 Days Out 2026-07-10 · 89 DTE crosses earnings
Safe
$118
$1.50 ($150/contract)
Delta
0.07
Theta
-0.01
IV
33%
93% Profit chance
AI Top Pick Balanced
$110
$4.60 ($460/contract)
Delta
0.22
Theta
-0.03
IV
35%
78% Profit chance
Aggressive
$103
$9.80 ($980/contract)
Delta
0.52
Theta
-0.05
IV
37%
48% Profit chance

AI Analysis

HIGH URGENCY ROLL

Market Sentiment

Neutral To Cautiously Bullish IV: Normal To Slightly Elevated
Tech sector performance Ad spending trends Potential for future earnings (outside current expiry window)

Scenarios

Most Likely

META continues its growth trajectory, possibly consolidating or slowly grinding higher. Ad revenue remains robust, supporting the stock price.

Worst Case

A broader market correction, unexpected regulatory action against big tech, or a significant slowdown in global ad spending could lead to a substantial pullback in META's stock price.

AI Recommendation

Top Pick Long expiry · Mid risk
$92.0 $5.10 premium 88d out
Net: +$1.10 credit

The current position is a deep OTM winner expiring tomorrow. This roll allows closing the highly profitable existing contract and opening a new one for a net credit of $1.10. The 'Long Expiry, Mid' option provides a significantly extended time horizon (89 DTE) and maintains a high probability of profit (77%) with a balanced delta (0.23), offering a good balance of premium collection and risk management. While the absolute strike of 92 seems low for a $580 stock, we are evaluating based on the provided delta tiers and premiums as indicators of risk and reward.

Runner Up Same expiry · Aggressive risk
$98.0 $6.50 premium 46d out

This option offers a higher net credit of $2.50 for a shorter duration (47 DTE). However, it comes with a significantly lower probability of profit (48%) due to its aggressive delta (0.52), making it suitable for traders willing to take on more risk for increased premium.

Avoid Short expiry · All risk

All short-dated options (2 weeks out) result in a net debit when rolling from the current position. Rolling for a debit is generally avoided, especially when the current position is a significant winner, as it reduces overall profit and extends a potentially less favorable risk profile.

Action Summary

Close the highly profitable, expiring META Apr 13 2026 440 Put. Simultaneously, open a new META Jul 10 2026 92 Put to collect additional premium and extend the trade duration with a good probability of profit, effectively rolling the position out in time and to a new strike.