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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 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

Bullish bias from heavy call flow and gamma pinning near $578-585; earnings 47 days away adds uncertainty.

Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.8% from MP; +1 VIX 18
Most important: Aggressive call buying at $575 strikes with vol/OI ratios >20, indicating strong upside conviction.
📈Heavy call accumulation at $575 for 6/15 and 6/12; vol/OI >20 on several strikes.
⚖️Put/call volume ratio 0.46; call dominance evident.
⏳Earnings 47 days away; event IV already elevated but crush distant.

Regime Classification

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

Earnings Overview

Next earnings: 2026-07-29 (47 days)explicit

Expected moves:

  • 2026-06-15 (3d): ±$10.73 (1.9%)
  • 2026-06-17 (5d): ±$17.93 (3.2%)
  • 2026-06-18 (6d): ±$20.12 (3.5%)

IV Setup

Term structure: Short-dated IV low (5-11%), longer-dated elevated (23-31%) reflecting event risk.

Crush estimate: Moderate post-event crush as earnings are distant; time decay primary factor.

Skew: Call skew elevated; put skew flat.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Moves inline with implied historically; 80% beat rate supports upside.

Directional bias: Bullish

Key Levels

1EM guardrails: 2d $556.25/$577.70; 1w $549.05/$584.90
2Max pain pins: $578 (2026-06-12); $585 (2026-06-15); $582 (2026-06-17)

Flow Highlights

Massive call buying META 2026-06-15 $575 Call (vol 11,118 vs OI 207) and 6/12 $570-575 Calls.

Strong bullish bets targeting near-term gamma ramp; likely positioning for pinning.

Unusual put volume at 6/12 $567.5 Put (8,467 vol vs OI 560).

Hedging activity at support; not conviction bearish.

Strategies

Short Strangle
Sell 2026-07-17 $570.00 put + sell $590.00 call
Credit: $35.48-$43.37
Max loss: Unlimited
Max gain: $43.37
BE: 526.63 / 633.37
Trigger: Monitor gamma; close if stock approaches strikes early.
Captures time decay; bullish bias and gamma pinning limit moves.
Outperforms: Sell OTM put and call to collect premium, betting stock stays within $570-$590.
Underperforms: Break outside short strikes invalidates short-vol thesis.
Iron Condor
Sell 2026-07-17 $560.00/$550.00 put wing and $580.00/$585.00 call wing
Credit: $5.58-$6.82
Max loss: $3.18
Max gain: $6.82
BE: 553.18 / 586.82
Trigger: Close if volatility expands or stock moves beyond wings.
Defined risk; profits from limited move with wings.
Outperforms: Sell put spread and call spread to collect premium with defined max loss.
Underperforms: Move outside short strikes invalidates range thesis.
Long straddle
Buy 2026-08-21 $580.00 put + buy $580.00 call
Debit: $72.36-$88.44
Max loss: $88.44
Max gain: Unlimited
BE: 491.56 / 668.44
Bullish call flow but gamma pinning adds uncertainty; straddle profits from large move.
Outperforms: Capture earnings volatility with ATM straddle.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.

Risk Assessment

!Gamma pinning may cap short-term upside near $578-585.
!Large call OI at $700+ is far OTM; potential long-term magnet.
!Earnings 47 days away; event volatility not yet fully priced.

What to Watch

?Max pain progression over next sessions.
?Gamma flip signs if spot breaks $585.
?Any put accumulation for protection.
How to Use These Reports
This earnings 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.