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META

Meta Platforms, Inc.Close $605.06EOD only

Max Pain

$605.00

Next expiry May 22, 2026

Expected Move

±$12.50

2.1% from close

Price Gap

-0.06

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.46

Slightly call-heavy

Consensus

8.5/10

Bullish tilt

Published snapshot: May 20, 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 20, 2026 close

META Flow Report

Analysis based on market close May 20, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 spot 0.0% from MP; +1 VIX 17

Watch next session: $600-$610 range

Flow Summary

Net premium: +$139.8M bullish

P/C volume ratio: 0.39

P/C OI ratio: 0.46

META sees aggressive call accumulation near the money, with net premium surging and put/call ratios extremely low. Gamma pinning and bullish flow regime support a bullish bias near current levels. A break below $500 or above $612.50 would invalidate.

Notable Prints

META 2026-05-20 $602.50 Call

Vol: 19,924

OI: 791

Vol/OI: 25.2x

IV: 7.4%

Notional: ~$4.5M

Intent: Bullish call buying

Dual read: Put hedging

Read-through: Upside momentum

META 2026-05-20 $610.00 Call

Vol: 34,177

OI: 1,875

Vol/OI: 18.2x

IV: 7.0%

Notional: ~$34K

Intent: OTM call buying

Dual read: Closing shorts

Read-through: Speculative upside

META 2026-05-20 $605.00 Call

Vol: 30,139

OI: 1,845

Vol/OI: 16.3x

IV: 3.7%

Notional: ~$1.4M

Intent: Aggressive call buying

Dual read: Spread leg

Read-through: Expects breakout

META 2026-05-20 $600.00 Call

Vol: 8,489

OI: 681

Vol/OI: 12.5x

IV: 10.5%

Notional: ~$4.1M

Intent: Bullish call buying

Dual read: Reversal

Read-through: Strong upside bias

META 2026-05-20 $607.50 Call

Vol: 17,068

OI: 1,385

Vol/OI: 12.3x

IV: 4.6%

Notional: ~$17K

Intent: Call buying

Dual read: Closing

Read-through: Upside play

Institutional Positioning

Call additions: Aggressive buying: $602.5C (19.9k vol), $610C (34.2k), $605C (30.1k)

Put additions: Moderate: $600P (14.3k), $602.5P (8.4k), $597.5P (6.9k)

GEX/DEX consistency: Yes: +$89M GEX, +58.8M DEX align bullish

OI clusters: Call OI: $610C (1875), $605C (1845), $600C (681); Put OI: $600P (2264)

Hedging evidence: Puts likely hedges for call buying; no distinct collars

Max pain context: Spot at $602.50 MP; pinning expected

Signal vs Noise

~High vol/oi ratios (12-25x) on call prints are strong bullish signals.

~Put prints with vol/oi <10 are noise; net premium $139.8M confirms call dominance.

Key Conclusions

🟢Institutions loading OTM calls (602.5-612.5); bullish flow and GEX/DEX support upside.

📌Spot pinned to max pain $602.50; gamma positive, VIX 17 normal, pinning likely.

How to Use These Reports

This flow reflects the market close on May 20, 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.