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META

Meta Platforms, Inc.Close $550.25EOD only
Max Pain
$560.00
Next expiry Jun 29, 2026
Expected Move
±$10.15
1.8% from close
Price Gap
+9.75
Distance to max pain
IV Rank
6
Low premium
P/C OI
0.42
Slightly call-heavy
Consensus
6.5/10
Range bias
Published snapshot: Jun 26, 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 26, 2026 close
META Earnings Report
Analysis based on market close June 29, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

META 30d from earnings; IV contango; heavy put hedging vs 80% beat rate; near-term pinning at $552 max pain.

Confidence:
6.5 / 10
base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); +0.5 spot 1.8% from MP; +1 VIX 18
Most important: Watch gamma at $552 and $565; put flow suggests positioning, not directional bias shift.
📉Heavy put prints at $565 and $562.5, 100x+ vol/OI.
📌Max pain at $552; spot testing, gamma pinning active.
📈80% historical beat rate; bullish long-term but near-term pinned.

Regime Classification

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

Earnings Overview

Next earnings: 2026-07-29 (30 days)explicit

Expected moves:

  • 2026-07-01 (2d): ±$13.52 (2.4%)
  • 2026-07-02 (3d): ±$15.82 (2.8%)
  • 2026-07-06 (7d): ±$19.95 (3.5%)

IV Setup

Term structure: 2d ±2.4%, 3d ±2.8%, 7d ±3.5%; slight contango.

Crush estimate: Moderate crush post-earnings, typical 30-50% IV drop.

Skew: Put skew elevated near spot; heavy 0DTE put activity indicates hedging.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Avg move ~3.2% vs 3.5% expected; within range.

Directional bias: Bullish bias (80% beat rate).

Key Levels

1EM guardrails: 2d $549.07/$576.12; 1w $542.65/$582.55
2Max pain pins: $552 (2026-06-29); $552 (2026-07-01); $565 (2026-07-02)

Flow Highlights

Heavy 0DTE put prints at $565 and $562.5 (100x+ vol/OI).

Indicates hedging or bearish positioning; new short entries.

Net premium -$29.5M; put/call vol ratio 0.49 but OI ratio 0.43.

Intraday bearish bias but OI suggests put sellers dominate.

Strategies

Long OTM Strangle
Buy 2026-07-31 $540.00 put + buy $585.00 call
Debit: $36.00-$44.00
Max loss: $44.00
Max gain: Unlimited
BE: 496.00 / 629.00
Trigger: Exit at earnings crush or 50% profit; stop if spot pinning near $552.
Captures large post-earnings move at low cost; IV contango favors long vol; 80% beat rate supports upside.
Outperforms: Buy OTM put and call to profit from swing; cheaper than straddle with unlimited upside.
Underperforms: Insufficient realized move reduces long-strangle edge.
Long ATM Straddle
Buy 2026-07-31 $570.00 put + buy $570.00 call
Debit: $53.46-$65.34
Max loss: $65.34
Max gain: Unlimited
BE: 504.66 / 635.34
Trigger: Exit before earnings or on IV spike; manage theta decay.
Profits from large move; IV contango and high put hedging justify premium; pure vol play.
Outperforms: Buy ATM put and call to profit from vol expansion or directional move.
Underperforms: Under-realized move and IV crush hurt long-vol thesis.
Bull Call Spread
Buy 2026-08-21 $575.00/$630.00 call spread
Debit: $15.66-$19.14
Max loss: $19.14
Max gain: $35.86
BE: $594.14
Trigger: Set stop at $552.5 invalidation; take profit near $630 target.
Bullish bias from 80% beat rate; limited risk and cost; post-earnings expiry captures upside.
Outperforms: Buy lower strike call, sell higher strike call for defined risk bullish play.
Underperforms: Loss of support weakens upside continuation thesis.

Risk Assessment

!IV crush if move smaller than implied.
!Gamma flip if spot breaks below $552 support.
!Skew reversal if earnings miss.

What to Watch

?0DTE OI at $552 and $565 for gamma pinning.
?Spot relative to $552 max pain and $565 next pin.
?Put flow persistence as earnings nears.
How to Use These Reports
This earnings reflects the market close on June 29, 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.