Traders Bet Millions Against Meta and Apple Into Earnings Week.

More than 8 million dollars of bearish put premium hit the tape on two of the biggest tech names right before earnings, and Signal versus Noise digs into what it might mean. Both were lifted on the ask on Meta and Apple, with four mega cap prints landing inside 48 hours and the chip tape already selling off into them. The two trades differ. The Meta position is short-dated and needs a real downside gap on the earnings move to pay, while the Apple position buys weeks of time and room for a slower unwind. The signal is bearish premium arriving at the perfect moment. The noise is it could be routine hedging, since the open interest is not confirmed yet. 📊 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 The setup beneath the options tape 00:19 Two put buys before earnings 01:14 Why lifting the ask signals urgency 01:26 The short-dated Meta bet 02:54 The longer Apple hedge 03:39 Why Apple sits at all-time highs 05:25 A referendum on AI spending 06:25 The signal and the noise #tastylive #optionsflow #metaearnings #appleearnings #signalvsnoise #optionstrading #bigtech #putoptions #unusualoptions #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.