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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 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

META strong beat rate, bullish flow, pinning gamma. IV elevated pre-earnings.

Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 4.1% from MP; +1 VIX 16
Most important: Max pain $600, call wall $700-$800, heavy OTM put selling suggests limited downside.
📉Put volume at $590/$595 exp today: 99% short, betting on pin >$590.
📈Call OI wall $700-$800: structural resistance for rallies.

Regime Classification

Vol Regime
Normal
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above

Earnings Overview

Next earnings: 2026-07-29 (44 days)explicit

Expected moves:

  • 2026-06-17 (2d): ±$13.73 (2.3%)
  • 2026-06-18 (3d): ±$16.90 (2.8%)
  • 2026-06-22 (7d): ±$20.25 (3.4%)

IV Setup

Term structure: 2d ±2.3%, 3d ±2.8%, 7d ±3.4% - upward sloping short-term IV.

Crush estimate: ~60% post-event IV crush expected

Skew: Call skew elevated, OTM puts heavily traded but low IV.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: 80% beat rate; actual moves not available.

Directional bias: Bullish given consistent earnings beats.

Key Levels

1EM guardrails: 2d $579.75/$607.20; 1w $573.23/$613.73
2Max pain pins: $570 (2026-06-15); $578 (2026-06-17); $610 (2026-06-18)

Flow Highlights

Massive OTM put volume at $590 and $595 expiring today, vol/OI >80x.

Short put positioning or hedging; suggests sellers expect spot to stay above $590.

Large call buying at $600, $602.5, $605 expiring today.

Bullish bets or covering; aligns with max pain at $600.

Strategies

Iron Condor at Max Pain
Sell 2026-06-26 $570.00/$550.00 put wing and $617.50/$635.00 call wing
Credit: $5.38-$6.58
Max loss: $13.42
Max gain: $6.58
BE: 563.42 / 624.08
Trigger: Close at 50% max gain or before earnings; adjust wings if spot breaks $570 or $635.
Best fit for pinning at $600 max pain with call wall caps upside. Elevated IV offers premium while defined risk limits tail events.
Outperforms: Sell put and call wings around $600; captures time decay and low expected move.
Underperforms: Move outside short strikes invalidates range thesis.
Short Strangle Wide Wings
Sell 2026-06-26 $567.50 put + sell $627.50 call
Credit: $7.60-$9.29
Max loss: Unlimited
Max gain: $9.29
BE: 558.21 / 636.79
Trigger: Monitor delta; roll untested side if spot approaches strike. Close before earnings.
Alternative benefiting from time decay with wider strikes to reduce tail risk. IV elevated supports premium collection.
Outperforms: Sell OTM put and call; profits if spot stays between $567.50 and $627.50.
Underperforms: Break outside short strikes invalidates short-vol thesis.
Call Diagonal for Upside
Sell 2026-06-26 $615.00 call / buy 2026-07-17 $600.00 call
Debit: $13.27-$16.22
Max loss: $16.22
Max gain: Variable
BE: Path-dependent
Trigger: Roll front-month if challenged; close diagonal before expiration or hold through earnings if bullish.
Leverages upward sloping term structure; own back-month call for bullish earnings bias while selling front-month premium.
Outperforms: Buy Jul $600 call, sell Jun $615 call; benefits if spot rises gradually.
Underperforms: Loss of support or adverse vol term shift weakens thesis.

Risk Assessment

!Spot 4.1% from max pain $600, potential drift toward pin.
!Structural call wall at $700-$800 caps upside.
!Earnings still 44 days out; IV could decay further.

What to Watch

?$600 support and max pain for expiration pinning.
?Open interest in weekly $600 call vs put for directional signals.
?Volume in $700-$800 call wall for sentiment.
How to Use These Reports
This earnings 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.