Meta shares drop 9% despite earnings beat as company takes one-time tax charge. Considering the the size of the drop I am inclined to add to my existing position. I have two levels to watch... 650-660 and 590-600... if goes to 600 or lower I will add for sure to my position. https://www.cnbc.com/2025/10/29/meta-q3-earnings-report-2025.html

I just learned about Questrade's securities Lending Program. According to Questrade "The Securities Lending Program, also known as Fully Paid Securities Lending, allows you to lend your securities (stocks and ETFs) to other investors and earn passive income. When you lend your securities, you will retain complete ownership of your assets throughout the lending period allowing you to sell or adjust your strategies at any time. In exchange for borrowing your securities to facilitate their trading activities, the investors will pay you a fee." If I plan on holding the securities for long-term, this program will be provide additional monthly income. I can sell CC for monthly income, but for that I need min. of 100 shares, for this program there is no min. Another benefit is I can sell my securities any time, unlike CC where I need to close the CC or wait until expiry. The drawback is income will vary and you may not know it up front. Seems like a good idea, thought I will share with all of you. If you want to learn more below is the link. Securities Lending Program FAQ

I had trouble understanding calendar trades until recently. I would like to share my new insights into these trades to see if it helps anyone. A Calendar trade has two legs just like any spread trade. For a regular spread trade, you sell a put or call at a strike (say 110) and buy at another strike (100) both expiring the same date. For a calendar trade you sell and buy the same strike at different dates. This is where it was confusing for me. Here is how I understand it now. Let's say you buy a stock and write a CC (covered call) on it. If the stock price rises, you limit your profit and let it be called away. If the stock falls, the CC will become profitable (and you can close it) and wait for the stock to bounce back to make more gains. This is a pretty safe strategy but requires capital to buy the stock. A lower cost but similar strategy would be PMCC (Poor Man's Covered Call). Here you would buy LEAPS (longer dated calls) instead of stock and then sell CC on it. A calendar is exactly similar to PMCC. You buy a longer dated call (or put) and sell a shorted dated call both in one transaction (unlike PMCC where you sell the shorter dated calls periodically). So a calendar trade is a more protective way of buying calls. You limit the downside risk by selling a shorter dated call and benefit from the premium received. You also limit the upside profit (due to the shorter dated call). Calendars are a safe way to buy calls (if you are bullish on a stock). They are also neutral trades in that the stock price has to expire within a certain range for the trade to be profitable. They have the benefit of doing well when volatility expands (there's fear in the market). In those cases, calendars profit range widens and they become even more profitable

From @StockStory: Amazing Q3 performance! Are you buying their growth story?

It's a solid infrastructure play, in my opinion. At this price after a pullback it pays 6% divi. Options provide additional income. ATM Dec go for some 5.6%. Not bad in my book.