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META

Meta Platforms, Inc.Close $593.00EOD only
Max Pain
$615.00
Next expiry Jun 8, 2026
Expected Move
±$15.07
2.5% from close
Price Gap
+22.00
Distance to max pain
IV Rank
83
High premium
P/C OI
0.46
Slightly call-heavy
Consensus
5.0/10
Bearish tilt
Published snapshot: Jun 5, 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 5, 2026 close
META Earnings Report
Analysis based on market close June 8, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

META earnings 51 days away; historical beat rate 80% with heavy call flow.

Confidence:
4 / 10
base 5; -1 GEX/flow contradict; -0.5 spot 3.6% from MP; +0.5 VIX 19
Most important: Heavy call buying and low put/call ratio indicate bullish sentiment ahead.
📞Heavy call flow at $590-$600; vol/OI up to 82x.
⚠️Stock below max pain $608, fighting resistance.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Bullish
Spot vs MP
Below

Earnings Overview

Next earnings: 2026-07-29 (51 days)explicit

Expected moves:

  • 2026-06-10 (2d): ±$13.68 (2.3%)
  • 2026-06-12 (4d): ±$19.73 (3.4%)
  • 2026-06-15 (7d): ±$22.75 (3.9%)

IV Setup

Term structure: Backwardated: near-term IV elevated, longer-dated moderate.

Crush estimate: Moderate post-earnings crush expected.

Skew: Call-skewed; heavy call OI at high strikes.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Not available; near-term expected moves high.

Directional bias: Bullish (80% beat rate, bullish flow).

Key Levels

1EM guardrails: 2d $571.72/$599.07; 1w $562.64/$608.14
2Max pain pins: $608 (2026-06-08); $610 (2026-06-10); $608 (2026-06-12)

Flow Highlights

Unusual call buying at $590-$600 strikes with vol/OI >30.

Bullish positioning for upside move.

Strategies

Call Diagonal
Sell 2026-06-18 $607.50 call / buy 2026-07-17 $605.00 call
Debit: $11.29-$13.80
Max loss: $13.80
Max gain: Variable
BE: Path-dependent
Trigger: Close if META breaks below 555 invalidation; roll if near-term call tested.
Best fit for bullish bias and backwardated term structure; sell near-term high IV, buy longer-dated.
Outperforms: Sell 607.5 call vs buy 605 call capturing IV premium and directional upside.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Iron Condor
Sell 2026-06-18 $555.00/$550.00 put wing and $607.50/$610.00 call wing
Credit: $1.22-$1.49
Max loss: $3.51
Max gain: $1.49
BE: 553.51 / 608.99
Trigger: Exit if price trades near wings; can roll if volatility expands.
Captures inflated near-term premium with defined risk, though less aligned with bullish bias.
Outperforms: Sell 555/550 put spread and 607.5/610 call spread to profit from range-bound price.
Underperforms: Move outside short strikes invalidates range thesis.
Call diagonal
Sell 2026-06-18 $607.50 call / buy 2026-07-17 $605.00 call
Debit: $11.29-$13.80
Max loss: $13.80
Max gain: Variable
BE: Path-dependent
Expect upward trend; back-month 590 call benefits from vol, near-term 610 call sky-high IV for premium.
Outperforms: Bullish diagonal: buy back-month lower strike, sell near-term higher; net debit with term-structure edge.
Underperforms: Loss of support or adverse vol term shift weakens thesis.

Risk Assessment

!Earnings 51 days out; near-term vol may not persist.
!Stock near resistance $607.5-$615; failure to break could pull back.

What to Watch

?Price action near $607.5 resistance.
?Continuation of heavy call flow.
How to Use These Reports
This earnings reflects the market close on June 8, 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.