Meta is the stock he called out as liking to go higher, and it has risen; Meta is very strong at 744 and the position is doing well, and he is not going to trade it.
Bullish
“CPI Week: Can a Hot Print Put a Fed Hike in Play? | PreMarket Playbook + All Access | Oct 12, 2026”
BenzingaPublished Oct 12 · 7 passages
Jump to any passage
7 passages
6:53111:18
And Meta sitting at 7:30. So the two trades we put on in our portfolio are good.
Uh and then the positions we have on meta SoFi looking good
We only have two positions. We have SoFi and Meta.
Meta and SoFi. some meta. Let's review this trade that we're in. We sold the 675 put, bought the 665 put for 325 for December 18th.
Let's see. Meta up a little bit. Meta up. Was it up 15 points? Met up 15 points.
Meta. Meta is my stock, right? That's the one I called out that I like to go higher and we're higher. Okay. Not today. Just in general. That's the one we put on in position on
Meta really strong 744. Our Meta is doing well. Not going to trade that.
What this channel has said about $META
Benzinga has 10 calls on this stock; only the adjacent ones are shown.
2026-10-12BullishThis one
And Meta sitting at 7:30. So the two trades we put on in our portfolio are good.
2026-10-09
I know Adam loves Meta and he thinks it's got legs. I am taking the other side of that bet, but not for long because I do believe this downward flow in Meta is going to give us a very nice buy zone. And so I'm looking for it to slip down into that 690 700 zone over the next few days and then give us a bounce. My sweet spot would be if it came down to 660 and I would be woohoo super excited about the buying there. Don't know if it's going to give it to me. But if you notice very big volume right on all the Muse news sitting right there at this 4hour candlestick formation. That's the one that we're slipping inside of. So, if we get a 50% retrace of that, we're going to be able to sit down and go, "All right, let's see what we can do here." Can we come in to that zone between 700 and 690? That would be an absolute sweet spot. But of course, that's just me looking do with that one.
Quote at 1:34:07 ›