Meta to 1,000 or AMD to 800, Mike Butler Runs the Options Math

tastytrade4 hours ago9:50

Half a trillion dollars of market cap in four weeks, Meta up 20%, AMD up 33%, and it traces back to one app, Meta's Muse. Wells Fargo slapped a 1,000 dollar target on Meta, the highest on the street, while quietly cutting its 2027 earnings. Mike Butler runs the options math on the real question: which happens first, Meta at 1,000 or AMD at 800? The probabilities lean AMD, because it carries much higher implied volatility, so its target sits closer to a one-standard-deviation move. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 Half a trillion added in a month 00:33 The biggest bull is cutting earnings 01:16 Into the options market 02:06 Why market cap beats stock price 02:57 The NVIDIA split example 03:21 Extrapolating Meta to 3 trillion 04:18 The implied vol landscape 04:59 When earnings are priced for both 05:58 When Meta to 1,000 gets probable 07:36 Why AMD to 800 is more feasible 08:51 Which target hits first #tastylive #mathcheck #meta #amd #optionsmath #pricetargets #impliedvolatility #aistocks #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.