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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 Earnings Report
Analysis based on market close June 11, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 11, 2026. A newer earnings report is available for June 12, 2026.

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Earnings Verdict

META 48 days from earnings; 80% beat rate bullish. Heavy call buying at $565-570 June 12 indicates upside anticipation, but spot below max pain $590 and VIX 19 add caution.

Confidence:
7 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 3.7% from MP; +0.5 VIX 19
Most important: Aggressive call buying with vol/oi >40 at $565-570 June 12 suggests smart money positioning up; deep OTM put $485 Jun 26 at 44.6% IV hedges tail risk.
📈Call buying surge at $565-570 June 12 with vol/oi >40 – aggressive bullish bet.
🐻Deep OTM put $485 June 26 IV 44.6% – cautious hedging far out.
⚠️Spot 3.7% below max pain $590; regime high vol – mixed signals.

Regime Classification

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

Earnings Overview

Next earnings: 2026-07-29 (48 days)explicit

Expected moves:

  • 2026-06-12 (1d): ±$10.07 (1.8%)
  • 2026-06-15 (4d): ±$15.12 (2.7%)
  • 2026-06-17 (6d): ±$20.65 (3.6%)

IV Setup

Term structure: Near-term elevated; front-week IV 31-35%, back-week (Jun 26) higher at 44.6% on deep OTM put, indicating tail risk premium. Earnings-dated options likely higher.

Crush estimate: Post-earnings IV crush expected ~50%+, but current expirations pre-earnings so not immediate.

Skew: Put skew steep; Jun 26 $485 put IV 44.6% suggests downside hedging demand.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Not available.

Directional bias: 80% beat rate implies positive bias; last quarter details unknown.

Key Levels

1EM guardrails: 2d $558.35/$578.50; 1w $547.78/$589.08
2Max pain pins: $590 (2026-06-12); $590 (2026-06-15); $585 (2026-06-17)

Flow Highlights

High vol/oi call buying at $565 (70.7x), $570 (49.3x), $567.5 (47.1x) June 12.

Aggressive near-money call accumulation, potentially anticipating upside through or before earnings.

Deep OTM put $485 June 26 with 44.6% IV, vol/oi 17.9x.

Tail risk hedging; bears positioning for significant downside over longer timeframe.

Strategies

Long Straddle
Buy 2026-08-21 $590.00 put + buy $590.00 call
Debit: $74.77-$91.38
Max loss: $91.38
Max gain: Unlimited
BE: 498.62 / 681.38
Trigger: Monitor IV; exit early if stock nears $590 before earnings to reduce time decay.
Captures earnings volatility with uncertainty; upside capped by resistance at $590.
Outperforms: Buys $590 call and put to profit from large post-earnings move in either direction.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.
Long Call
Buy 2026-08-21 $590.00 call
Debit: $29.68-$36.27
Max loss: $36.27
Max gain: Unlimited
BE: $626.27
Trigger: Set stop at $536.35; roll up if stock exceeds $590 before earnings.
Bullish bias with 80% beat rate; potential upside if resistance breaks.
Outperforms: Buying $590 call to benefit from upward earnings surprise and breakout.
Underperforms: Failure at support and IV crush weaken long-call thesis.

Risk Assessment

!Spot below max pain $590; resistance at $590 and $600.5 may cap upside.
!Support at $536.35; breach could accelerate selling.
!VIX 19 and high vol regime amplify moves.

What to Watch

?Price action around $590 resistance and $558.35 lower guardrail.
?Unusual call activity at $565-570; put activity at $560 and $485.
?VIX and sector momentum (QQQ +3.4% today).
How to Use These Reports
This earnings reflects the market close on June 11, 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.