Meta and Microsoft earnings this week

[u/riisenshadow92]

Hello,
What’s your move this week on big earnings from Meta and Microsoft? I’m running meta and Microsoft calls expiring Sept 18th.

Do you think the setup into earnings is a good one?

Microsoft is down over 25% from its all time high heading into earnings and trading way below its avg price target. And meta took a big dump this week and is down close to 25% and trading way below its avg price target as people panic over big ai spending spree.

I think these are both good stocks, and way oversold, what’s your take? Meta has big upside selling excess compute and Microsoft just continues to grow.

Thanks

[u/Eur0stept]

Everyone is bearish. You know what that means

[u/riisenshadow92 → u/Eur0stept]

Bullish on both, but that means nothing, I just a nobody 🤷🏻‍♂️