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META

Meta Platforms, Inc.Close $562.20EOD only
Max Pain
$570.00
Next expiry Jun 24, 2026
Expected Move
±$8.90
1.6% from close
Price Gap
+7.80
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.44
Slightly call-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Jun 23, 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 23, 2026 close
META Earnings Report
Analysis based on market close June 24, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

META earnings 35d out; 80% beat rate; IV elevated; heavy 0DTE call flow near expiry.

Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +0.5 spot 1.3% from MP; +0.5 VIX 19
Most important: Earnings 35d away; current action is 0DTE-dominated, not earnings expectations.
📈Heavy 0DTE call volume suggests bullish pinning at $565.

Regime Classification

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

Earnings Overview

Next earnings: 2026-07-29 (35 days)explicit

Expected moves:

  • 2026-06-26 (2d): ±$13.82 (2.5%)
  • 2026-06-29 (5d): ±$17.47 (3.1%)
  • 2026-07-01 (7d): ±$10.70 (1.9%)

IV Setup

Term structure: Short-term IV spiked by 0DTE; longer-term IV moderate.

Crush estimate: Moderate post-earnings crush expected, but far out.

Skew: Near-term skew flat; slight put skew on longer tenors.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Historical moves often exceed implied; beat rate 80%.

Directional bias: Slightly bullish given high beat rate.

Key Levels

1EM guardrails: 2d $543.84/$571.49; 1w $540.19/$575.14
2Max pain pins: $565 (2026-06-24); $578 (2026-06-26); $570 (2026-06-29)

Flow Highlights

0DTE call buying at $562.5, $560, $557.5 strikes, vol >10x OI.

Aggressive bullish positioning for expiry pin near $565 max pain.

Strategies

Bull Call Spread
Buy 2026-07-31 $600.00/$645.00 call spread
Debit: $8.30-$10.15
Max loss: $10.15
Max gain: $34.85
BE: $610.15
Trigger: Exit if spot breaches invalidation $525.
Best fit: slight bullish bias, defined risk, liquid, moderate IV.
Outperforms: Expresses bullish directional view with capped risk.
Underperforms: Loss of support weakens upside continuation thesis.
Long Straddle
Buy 2026-07-31 $565.00 put + buy $565.00 call
Debit: $55.64-$68.01
Max loss: $68.01
Max gain: Unlimited
BE: 496.99 / 633.01
Trigger: Set stop loss at 50% premium decay. Liquidity warning: Liquidity constraints: long_put: Volume below 5.
High beat rate suggests large move; but expensive and illiquid.
Outperforms: Captures post-earnings volatility regardless of direction.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.
Iron Condor
Sell 2026-07-24 $505.00/$465.00 put wing and $630.00/$680.00 call wing
Credit: $5.53-$6.76
Max loss: $43.24
Max gain: $6.76
BE: 498.24 / 636.76
Trigger: Close early if IV expands beyond wings. Liquidity warning: Liquidity constraints: long_put: Volume below 5.
Neutral bias with elevated short-term IV; low liquidity and far expiry reduce edge.
Outperforms: Sells wings to profit from IV contraction and time decay.
Underperforms: Move outside short strikes invalidates range thesis.

Risk Assessment

!0DTE concentration creates pin risk at expiry.
!Earnings 35d out allows time for sentiment shift.
!Negative net premium flow suggests bearish premium selling.

What to Watch

?Spot behavior vs $565 max pain through close.
?Next week's expected move expansion as earnings approach.
?OI buildup at $625-$800 call wall.
How to Use These Reports
This earnings reflects the market close on June 24, 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.