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META

Meta Platforms, Inc.Close $566.98EOD only
Max Pain
$585.00
Next expiry Jun 15, 2026
Expected Move
±$10.72
1.9% from close
Price Gap
+18.02
Distance to max pain
IV Rank
100
High premium
P/C OI
0.46
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: Jun 12, 2026 close
End-of-day snapshot

This page reflects META options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 12, 2026 close
META Directional Report
Analysis based on market close June 12, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Outlook

Bullish bias toward max pain $578-$585 over event week; strong GEX/flow alignment supports upward drift.

Confidence:
9 / 10
GEX/flow strongly aligned (+2), positive gamma pinning (+1), spot near MP (+0.5), VIX low relative to vol (+1).
Supports: Bullish flow, pinning gamma, spot below MP, low VIX.
Conflicts: High vol regime, spot below MP could resist if flow shifts.
📌Max pain $578 pin on 6/12; flow bullish
📈GEX/flow strongly aligned (+2)
⚠️High vol regime warrants caution on size

Regime Classification

Vol Regime
High
Vol classified as High, IV above typical range.
Gamma Regime
Pinning
Gamma pinning: GEX +$154K, spot below MP, no gamma flip risk.
Flow Regime
Bullish
Bullish net premium flow with high put/call ratio support.
Spot vs Max Pain
Below
Spot ~1.8% below MP $578, typical pinning path.
Thesis duration: Event-specific — Key dates 6/12, 6/15, 6/17 with max pain levels; flow and gamma align to push spot toward $578.

Price Range Forecast

Next 2 days
$556.25$577.70
Spot below MP with bullish flow; targeting $578 pin.
Next 1 week
$549.05$584.90
Broader range $549-$585; max pain pin at $585 on 6/15.
Next 2 weeks
$537.05$596.90
Wide range; support $537, resistance $597; event-driven.

Key Levels

Max pain pins: $578 (2026-06-12); $585 (2026-06-15); $582 (2026-06-17)
EM guardrails: 2d $556.25/$577.70; 1w $549.05/$584.90
Support: $537.05
Resistance: $577.50 · $596.90
Structural: Support 537.05; resistance 577.5 (max pain $578) and 596.9; EM guardrails 2d $556.25/$577.70, 1w $549.05/$584.90.

Dealer Positioning (GEX/DEX)

GEX: $+154K

DEX: +64.0M shares

Gamma flip: N/A

NTM gamma: GEX +$154K (long gamma), DEX +64.0M shares; no gamma flip; pinning near $578.

IV Analysis

IV vs VIX: Vol regime high; IV likely rich vs VIX 17.68 but no specific ticker IV available. Elevated vol supports premium selling.

Term structure: Term structure likely contango with event kinks on weekly expiries; 6/12 expiry steep.

Skew: Skew elevated on puts; a put calendar spread could capitalize on event decay.

Flow Analysis

Net premium: Net premium $702M, P/C vol ratio 0.46, strong bullish call buying.

Directional prints: 23.6 call 575 OTM 2026-06-15 — Vol 11118 vs OI 207 (54x), OTM call bought aggressively, bullish. 8.2 call 572.5 OTM 2026-06-12 — Vol 22113 vs OI 593 (37x), near-term OTM call bought, aggressive bullish. 5.5 call 570 OTM 2026-06-12 — Vol 30394 vs OI 942 (32x), deep OTM call bought, speculative upside.

Unusual: 23.6 call 575 OTM 2026-06-15 — Extreme vol/OI 54x, unusual high volume for OTM weekly. 8.2 call 572.5 OTM 2026-06-12 — Vol/OI 37x, unusual near-expiration call volume. 5.5 call 570 OTM 2026-06-12 — Vol/OI 32x, unusual for deep OTM calls.

Risks & Catalysts

!Failure to reach max pain $578
!Volatility spike breaking pin structure
!Unfavorable catalyst or flow reversal

Strategy Viability

StrategyEdgeBest SetupPrimary Risk
Bull call spreadModerate-Strong
Buy 2026-08-21 $640.00/$660.00 call spread
Why now: Strong call flow, bullish GEX alignment, capture earnings drift
Earnings miss or volatility contraction could limit upside
Put credit spreadModerate
Sell 2026-08-21 $515.00/$485.00 put spread
Why now: Bullish thesis, sell puts at strike with strong support from max pain convergence
Sharp selloff could breach short put strike
Bullish risk reversalModerate
Buy 2026-08-21 $625.00 call / sell 2026-08-21 $515.00 put
Why now: Strong bullish flow and max pain drift, efficient upside exposure
Unlimited downside risk from short put if stock falls sharply

Top Plays

#1
Bull Call Spread
Buy 2026-08-21 $640.00/$660.00 call spread
Buy $640/$660 call spread to target upside beyond max pain with limited risk.
Why this play: Best alignment with strong call flow and bullish GEX; defined risk for earnings drift.
Debit: $3.35-$4.10
Max loss: $4.10
BE: $644.10
Mgmt: Exit near earnings or at 50% max gain; stop if invalidation below $537.
Traders seeking defined-risk bullish exposure.
#2
Bullish Risk Reversal
Buy 2026-08-21 $625.00 call / sell 2026-08-21 $515.00 put
Buy call and sell put to finance upside; benefits from call skew and drift.
Why this play: Efficient upside with unlimited gain potential, backed by bullish flow.
Debit: $3.49-$4.26
Max loss: $515.00
BE: $515.00
Mgmt: Monitor put short; roll if stock drops near put strike.
Aggressive traders with higher risk tolerance.
#3
Put Credit Spread
Sell 2026-08-21 $515.00/$485.00 put spread
Sell $515/$485 put spread to collect premium with strong support.
Why this play: Sell puts at support level from max pain convergence; lower premium but high win rate.
Credit: $6.34-$7.75
Max loss: $22.25
BE: $507.25
Mgmt: Hold to expiration or close at 50% of max profit.
Conservative traders seeking income on bullish view.

Watchlist Triggers

Entry Triggers
IFIf META breaks above $577.5 on strong volume → then buy META_BULLCALL_001 (bull call spread) for earnings drift
IFIf META holds above $537.05 support → then initiate META_RR_001 (bullish risk reversal) for upside
Exit Triggers
EXITIf META breaks below $537.05 → then close all bullish positions (META_BULLCALL_001, META_RR_001, META_PUTCREDIT_001)

Tactical Summary

Bullish bias toward max pain $578; use defined-risk bull call spread or put credit spread. Invalidation below $537.
How to Use These Reports
This directional reflects the market close on June 12, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.