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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 15, 2026

Directional Theta Gang Flow Earnings Consensus

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

Outlook

Bullish bias driven by strong bullish flow, positive gamma pinning, and low VIX. Spot above max pain ($570) but well within EM guardrails. Expect range-bound drift higher with pinning risks near $578 and $610 expirations.

Confidence:

8.5 / 10

Base 5 from regime; +2 GEX/flow alignment; +1 positive gamma pinning; -0.5 spot 4.1% from MP; +1 VIX=16. Net 8.5.

Supports: Bullish flow, positive gamma, low VIX, spot above MP
Conflicts: Spot 4.1% above MP, multiple expirations this week

📈Bullish flow accumulation with strong call buying

🛡️Gamma pinning at $570 and $578 with $82.6M GEX

📊VIX 16 low, supporting stable premium environment

Regime Classification

Vol Regime

Normal

Vol normal; VIX 16.2, within typical range, no elevated volatility.

Gamma Regime

Pinning

Gamma pinning regime with positive total GEX ~$82.6M; key pins at $570 and $578 (max pain)

Flow Regime

Bullish

Bullish net premium flow with aggressive call buying, indicating positive sentiment.

Spot vs Max Pain

Above

Spot above $570 max pain by 4.1%, suggesting limited immediate directional push.

Thesis duration: Event-specific — Multiple expirations this week (15, 17, 18) with tight pinning levels; near-term price action likely contained.

Price Range Forecast

Next 2 days

$579.75$607.20

Test $607 resistance; $610 call wall may cap

Next 1 week

$573.23$613.73

Pinning near $578-$610; bias gradually higher to $613

Next 2 weeks

$559.23$627.73

Aim for $627 resistance if bullish flow sustains

Key Levels

Max pain pins: $570 (2026-06-15); $578 (2026-06-17); $610 (2026-06-18)

EM guardrails: 2d $579.75/$607.20; 1w $573.23/$613.73

Support: $570.00 · $559.23

Resistance: $627.73

Structural: Support $570 (max pain), $559 (MP pin); Resistance $627.73; EM guardrails 2d $579.75-$607.20

Dealer Positioning (GEX/DEX)

GEX: $+82.6M

DEX: +62.3M shares

Gamma flip: N/A

NTM gamma: NTM gamma positive $82.6M with long delta 62.3M shares; dealers long gamma, supporting range-bound action.

IV Analysis

IV vs VIX: IV near VIX (16.2) suggesting fair pricing; no significant premium or discount.

Term structure: Term structure flat to modest contango; event kinks near weekly expirations (15, 17, 18)

Skew: Put skew elevated; opportunity: selling puts at $570 support given low vol and pinning.

Flow Analysis

Net premium: Net premium $300.5M, P/C vol ratio 0.51, OI ratio 0.47, indicating strong bullish flow.

Directional prints: 5.3 put 590 OTM 2026-06-15 — Vol/OI 212x; deep OTM puts traded 36k, likely sold for premium collection, signaling bullish support. 9 call 600 OTM 2026-06-15 — Vol/OI 59.5x; 64k OTM calls bought, targeting upside, consistent with aggressive bullish flow.

Unusual: 5.3 put 590 OTM 2026-06-15 — Vol/OI 212x; 36k puts traded at low IV 5.3%; likely sold as downside protection or income, bearish if bought but flow suggests sold. 13.1 put 595 ITM 2026-06-15 — Vol/OI 86.6x; 35.6k puts; similar to 590, likely sold, IV elevated may indicate hedging pressure. 14.8 call 605 OTM 2026-06-15 — Vol/OI 76.6x; 22.5k calls; high IV suggests buying, bullish speculation above 605.

Risks & Catalysts

!Spot breaks above $610 call wall, triggering short-covering surge toward $627

!Failure to hold $570 support leads to gamma flip and rapid decline

!Macro VIX spike upends low-vol regime

Strategy Viability

Strategy	Edge	Best Setup	Primary Risk
Bull call spread	Moderate-Strong	Buy 2026-08-21 $650.00/$685.00 call spread Why now: Capture upside with defined risk; OTM call spread aligns with positive gamma pinning.	Break below $570 support would invalidate.
Cash-secured put	Moderate	Sell 2026-08-21 $555.00 cash-secured put Why now: Max pain and high OI at $570 provide cushion; low vol favors premium collection.	Sharp macro decline below $570 could lead to assignment loss.

Top Plays

Bull Call Spread

Buy 2026-08-21 $650.00/$685.00 call spread

Buy Aug21 $650/$685 call spread for moderate upside within range, limited loss.

Why this play: Defined risk upside play capitalizing on bullish flow and low VIX with positive gamma pinning.

Debit: $6.79-$8.30

Max loss: $8.30

BE: $658.30

Mgmt: Exit if spot breaks $570 support or target profit.

Traders wanting capped upside with lower capital at risk.

Cash-Secured Put

Sell 2026-08-21 $555.00 cash-secured put

Sell Aug21 $555 put to collect premium with high probability of OTM expiry.

Why this play: Premium collection at strike below max pain $570, benefiting from low vol and bullish bias.

Credit: $18.99-$23.21

Max loss: $531.79

BE: $531.79

Mgmt: Monitor spot; roll or close if spot threatens $570.

Income-focused traders willing to hold META if assigned.

Watchlist Triggers

Entry Triggers

IFIF META spot holds above $570 support for two consecutive sessions → THEN enter Bull Call Spread: Buy Aug21 $650/$685 call spread within entry range $6.79-$8.30

IFIF META spot remains above $570 and VIX stays low → THEN sell Aug21 $555 cash-secured put within entry range $18.99-$23.21

Exit Triggers

EXITIF META spot breaks below $570 invalidation level → THEN exit both Bull Call Spread and Cash-Secured Put positions

Tactical Summary

Bullish bias with low VIX and positive gamma pinning. Key support $570 (max pain). Use OTM bull call spread and cash-secured put. Exit below $570.

How to Use These Reports

This directional reflects the market close on June 15, 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.