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META

Meta Platforms, Inc.Close $603.00EOD only
Max Pain
$600.00
Next expiry May 13, 2026
Expected Move
±$8.25
1.4% from close
Price Gap
-3.00
Distance to max pain
IV Rank
67
High premium
P/C OI
0.47
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 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
May 12, 2026 close
META Flow Report
Analysis based on market close May 13, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Flow Verdict

BiasBullish
Confirmation: Sustained heavy call buying with low put/call volume ratio and positive gamma flip support
Invalidation: Break below gamma flip at 600 or sudden put volume surge
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 VIX 18

Watch next session: Monitor call OI at 620C and 617.5C for continuation

Flow Summary

Net premium: +$381.3M bullish

P/C volume ratio: 0.34

P/C OI ratio: 0.47

Massive net premium inflow with aggressive upside call buying. GEX positive $171M supports pinning near current levels. Unusual activity concentrated in 0DTE calls, reinforcing bullish momentum.

Notable Prints

#1
META 2026-05-13 $610.00 Put
Vol: 12,543
OI: 168
Vol/OI: 74.7x
IV: 9.0%
Notional: ~$13K
Intent: Hedge
Dual read: Speculative bet

Read-through: Anticipates downside

#2
META 2026-05-13 $615.00 Put
Vol: 12,301
OI: 453
Vol/OI: 27.1x
IV: 5.3%
Notional: ~$135K
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

#3
META 2026-05-13 $615.00 Call
Vol: 41,200
OI: 1,765
Vol/OI: 23.3x
IV: 11.1%
Notional: ~$8.2M
Intent: Bullish
Dual read: Short covering

Read-through: Expects price above $615

#4
META 2026-05-13 $607.50 Put
Vol: 4,602
OI: 210
Vol/OI: 21.9x
IV: 11.7%
Notional: ~$18K
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

#5
META 2026-05-13 $607.50 Call
Vol: 22,041
OI: 1,032
Vol/OI: 21.4x
IV: 26.6%
Notional: ~$20.8M
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Heavy call buying at 607.5-620 strikes, especially 620C (48.9k vol).

Put additions: Large volume at 610P and 615P but low OI; likely hedges or closing.

GEX/DEX consistency: Strongly aligned; positive GEX and DEX with bullish flow.

OI clusters: Largest OI at 620C (3,323); gamma flip at 600.

Hedging evidence: High-volume OTM puts (610P, 615P) suggest downside protection.

Max pain context: MP ~605; spot $618.76 above, pinning supported by GEX.

Signal vs Noise

~Signal: Heavy call accumulation across strikes indicates bullish conviction.
~Noise: High put volume likely closing or hedging, not new bearish bets.
~Signal: Positive GEX and DEX consistent with bullish regime.

Key Conclusions

🐂Strong call buying with low put ratio suggests bullish bias.
⚠️Spot above max pain; pinning to ~605-620 supported by GEX.
📈Unusual 5/22 $630C accumulation shows conviction beyond today.
How to Use These Reports
This flow reflects the market close on May 13, 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.