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After a solid day, I opened up the 3rd leg of the SL Stool on META. I sold the META Jan 20 2023 120 Calls for $6.5.  META was trading at $112.50 at the time as usual I hunt before the close. 

I have a $20 spread for a credit of $2.50 per contract. 

I will roll up if META goes to 130 or buy them back if it dips to 105-108

This was orig trade.

I entered the SL on OCTOBER 27  at 99 - I sold the Jan 2024 Puts for $20 and bought the Jan 2024 calls for $24. As with all Synthetic Longs, it is a VERY risky strategy.  My breakeven point on this trade is $104.  The naked put sale starts hurting if META falls under $80.  $80 is the point where I revisit the strategy if Meta falls that low.