META Feb 2025 470.000 put
- Investor's Business Daily
Volatility Skew Sets Up In Meta Stock. Here's How To Profit With Options.
Meta Platforms stock received two upgrades on Monday with analysts from Stifel and Goldman Sachs both raising their price targets on Meta stock. There is also some volatility skew due to earnings later this month with short-term options showing higher implied volatility than long-term options. Here's a setup to use for Meta stock.
- Reuters
Meta must face US state lawsuits over teen social media addiction
Facebook parent company Meta must face lawsuits by U.S. states accusing it of encouraging social media addiction among teens, a federal judge in California ruled on Tuesday. Oakland-based U.S. District Judge Yvonne Gonzalez Rogers rejected Meta's bid to toss the claims made by the states in two separate lawsuits filed last year, one including more than 30 states and the other including only Florida. The judge also rejected the social media company's motion to dismiss some claims over social media addiction brought by individual plaintiffs.
- Associated Press Finance
Meta’s Oversight Board says viral video left on Facebook threatened LGBTQ+ people in Nigeria
Meta's oversight board expressed serious concern Tuesday over the company's failure to take down a viral graphic video showing two men bleeding after they were apparently beaten up for being allegedly gay. The video was posted in Nigeria, one of more than 30 of Africa’s 54 countries where homosexuality is criminalized by laws that garner broad public support despite constitutional guarantees of freedoms. The report said the damage done by the video, which was viewed more than 3.6 million times between December 2023 and February this year, was “immediate and impossible to undo.”
