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META

Meta Platforms, Inc.Close $542.87EOD only
Max Pain
$570.00
Next expiry Jun 26, 2026
Expected Move
±$9.32
1.7% from close
Price Gap
+27.13
Distance to max pain
IV Rank
4
Low premium
P/C OI
0.43
Slightly call-heavy
Consensus
6.5/10
Bearish tilt
Published snapshot: Jun 25, 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 25, 2026 close
META Earnings Report
Analysis based on market close June 26, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

META earnings 33 days out; gamma pinning near $555-$560 with mixed flow. Historical 80% beat rate supports mild bullish bias but near-term uncertainty high.

Confidence:
6.5 / 10
base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); +1 spot 0.9% from MP; +0.5 VIX 18
Most important: Gamma pinning dominates near-term; focus on $555-$560 max pain zone.
🛡️Put buyers targeting 545 show defensive positioning.
🎯Max pain at $555-$560 remains key pinning zone.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Mixed
Spot vs MP
At

Earnings Overview

Next earnings: 2026-07-29 (33 days)explicit

Expected moves:

  • 2026-06-29 (3d): ±$10.15 (1.8%)
  • 2026-07-01 (5d): ±$17.23 (3.1%)
  • 2026-07-02 (6d): ±$19.63 (3.6%)

IV Setup

Term structure: Upward sloping; near-term IV elevated due to 6/26 and 6/29 expiries; earnings far out adds long-term premium.

Crush estimate: No immediate crush; near-term events may cause localized IV drops.

Skew: Put skew elevated at 545 strike from unusual flow.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Not provided; historical beat rate 80%.

Directional bias: Mildly bullish based on beat rate.

Key Levels

1EM guardrails: 2d $540.10/$560.40; 1w $533.02/$567.48
2Max pain pins: $555 (2026-06-26); $560 (2026-06-29); $560 (2026-07-01)

Flow Highlights

Unusual put volume at 545 strike for 6/29: 3,687 vs 190 OI, vol/oi 19.4.

Hedging or bearish positioning ahead of near-term event.

Heavy 0DTE call buying at 552.5 and 555 for 6/26: combined volume >30k.

Bullish pinning or closing activity near max pain.

Strategies

Range-Bound Iron Condor
Sell 2026-07-24 $525.00/$485.00 put wing and $585.00/$635.00 call wing
Credit: $12.76-$15.59
Max loss: $34.41
Max gain: $15.59
BE: 509.41 / 600.59
Trigger: Monitor gamma; adjust if price breaks $545/$570; close at 50% max gain.
Gamma pinning and elevated IV favor range-bound play; premium capture with defined risk.
Outperforms: Sells OTM put and call wings to profit from limited movement within $525-$585.
Underperforms: Move outside short strikes invalidates range thesis.
Bullish Call Diagonal
Sell 2026-07-31 $605.00 call / buy 2026-08-21 $540.00 call
Debit: $27.63-$33.77
Max loss: $33.77
Max gain: Variable
BE: Path-dependent
Trigger: Manage short call near $605; roll if needed; target profit at short leg expiry.
Mild bullish bias from 80% beat rate; term structure supports selling near-term premium.
Outperforms: Sells short call, buys longer call to benefit from time decay and upside potential.
Underperforms: Loss of support or adverse vol term shift weakens thesis.

Risk Assessment

!Gamma pinning risk near $555-$560 could trigger sharp moves if broken.
!Macro events (VIX 18) add uncertainty to near-term expiries.

What to Watch

?Price action relative to $555 max pain (6/26).
?Open interest buildup at 545 put and 560 call for 6/29.
?Any shift in gamma regime.
How to Use These Reports
This earnings reflects the market close on June 26, 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.