Meta shares experienced their worst week in four years, falling 9% and wiping $135 billion from its market capitalization. This decline is attributed to concerns over AI buildout expenses, a $25 billion lawsuit in New Mexico, potential PR issues related to a founder's tax deal, and debt financing for its AI investments. However, CNBC contributor Mike Khouw is buying, citing the immense economic opportunity of Meta's AI agent Muse and the company's current valuation (20x FY earnings, less than 17x FY2027 estimated earnings) which he believes has priced in much of the negative news. Khouw suggests selling December 580/745 strangles, expecting profits within the stock's 1-year high and low range.