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META

Meta Platforms, Inc.Close $627.57EOD only

Max Pain

$612.50

Next expiry Jun 5, 2026

Expected Move

±$9.75

1.6% from close

Price Gap

-15.07

Distance to max pain

IV Rank

High premium

P/C OI

0.46

Slightly call-heavy

Consensus

8.0/10

Bullish tilt

Published snapshot: Jun 4, 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 4, 2026 close

META Flow Report

Analysis based on market close June 4, 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 VIX 15

Watch next session: Monitor for gamma squeeze if spot holds above $640

Flow Summary

Net premium: +$225.8M bullish

P/C volume ratio: 0.35

P/C OI ratio: 0.46

Heavy net call premium ($225M) and low put/call ratios signal strong bullish flow. Positive GEX pinning near $640. Put-heavy unusual prints likely hedging, not directional. Bullish bias maintains while spot stays above $640.

Notable Prints

META 2026-06-05 $637.50 Put

Vol: 11,247

OI: 206

Vol/OI: 54.6x

IV: 29.2%

Notional: ~$12.9M

Intent: Bearish bet or hedge

Dual read: Open interest low, likely new position

Read-through: Expects downside to $637.50 by expiry

META 2026-06-05 $627.50 Put

Vol: 4,718

OI: 169

Vol/OI: 27.9x

IV: 26.6%

Notional: ~$2.3M

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

META 2026-06-05 $632.50 Put

Vol: 3,795

OI: 186

Vol/OI: 20.4x

IV: 27.5%

Notional: ~$2.9M

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

META 2026-06-10 $607.50 Put

Vol: 3,425

OI: 183

Vol/OI: 18.7x

IV: 30.9%

Notional: ~$1.3M

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

META 2026-06-05 $640.00 Put

Vol: 4,240

OI: 233

Vol/OI: 18.2x

IV: 33.5%

Notional: ~$5.9M

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Net call premium +$225M, put/call volume ratio 0.35, bullish flow.

Put additions: Large put volume near 630-640 strikes with vol/oi >10, indicates hedging.

GEX/DEX consistency: Positive GEX (+$184M) and DEX (+68M shares) align with bullish flow and pinning.

OI clusters: OI concentrated at weekly puts 625-635 strikes, high OI at 625P (1058).

Hedging evidence: Heavy put buying near money suggests downside hedging by institutions.

Max pain context: Spot above max pain, gamma pinning supports upward bias.

Signal vs Noise

~High put vol/oi ratios are real hedging signal, not bearish reversal.

~Low-volume OTM calls (670C, 667.5C) are noise with minimal open interest.

~Overall net premium and low put/call ratio confirm bullish institutional flow.

Key Conclusions

📈Bullish flow with net call premium +$225M and low put/call ratios; GEX pinning supports upside.

⚠️Large put purchases near money suggest hedging; downside risk remains if spot fails to hold.

🔍Signal: put buying is hedging, not bearish. Noise: low-volume OTM calls are irrelevant.

How to Use These Reports

This flow reflects the market close on June 4, 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.