1. The FOMC's rate cut has reduced market volatility, and Meta Platforms' shares have reached new highs. 2. The YieldMax META Option Income Strategy ETF (FBY) is rated 'hold' due to Meta's attractive valuation and strong earnings growth, despite low option-selling income potential. 3. FBY offers high monthly income through selling call options on META, but its liquidity can be problematic. 4. Upcoming earnings and events for META may increase volatility, but holding META stock is preferred for better potential gains over FBY.