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META

Meta Platforms, Inc.Close $593.00EOD only

Max Pain

$615.00

Next expiry Jun 8, 2026

Expected Move

±$15.07

2.5% from close

Price Gap

+22.00

Distance to max pain

IV Rank

High premium

P/C OI

0.46

Slightly call-heavy

Consensus

5.0/10

Bearish tilt

Published snapshot: Jun 5, 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 5, 2026 close

META Flow Report

Analysis based on market close June 8, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

4 / 10

base 5; -1 GEX/flow contradict; -0.5 spot 3.6% from MP; +0.5 VIX 19

Watch next session: 585-590 zone; 585 strike

Flow Summary

Net premium: +$8.5M bullish

P/C volume ratio: 0.60

P/C OI ratio: 0.47

Aggressive same-day call buying at OTM strikes ($585-$600) signals bullish speculation, but negative gamma (-$12.8M) and spot below MP warrant caution. Net premium +$8.5M and low put/call ratios support short-term upward bias.

Notable Prints

META 2026-06-08 $590.00 Call

Vol: 24,363

OI: 297

Vol/OI: 82.0x

IV: 6.8%

Notional: ~$24K

Intent: Aggressive ATM call buying, bullish bet.

Dual read: Could be short squeeze due to low OI.

Read-through: Expects sharp upside by expiry.

META 2026-06-08 $585.00 Call

Vol: 27,405

OI: 402

Vol/OI: 68.2x

IV: 8.2%

Notional: ~$1.7M

Intent: Bullish bet with massive volume vs OI.

Dual read: May hedge short delta position.

Read-through: Anticipates stock above $585.

META 2026-06-08 $595.00 Call

Vol: 11,520

OI: 294

Vol/OI: 39.2x

IV: 12.9%

Notional: ~$35K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

META 2026-06-08 $592.50 Call

Vol: 15,722

OI: 416

Vol/OI: 37.8x

IV: 9.8%

Notional: ~$16K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

META 2026-06-08 $600.00 Call

Vol: 30,189

OI: 931

Vol/OI: 32.4x

IV: 18.4%

Notional: ~$30K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Heavy OTM call buying at 585-600 for 6/8, vol/OI ratios 20-82x.

Put additions: Modest put activity at 577.5 and 580; put/call ratio 0.6 indicates bearish flow minimal.

GEX/DEX consistency: GEX -$12.8M from call buying; DEX +63.7M shares bullish delta. Negative GEX consistent with call flow.

OI clusters: Largest OI: 600C (931) and 580P (973). Heavy volume at nearby OTM calls.

Hedging evidence: No clear hedging; directional OTM calls dominate.

Max pain context: Spot 3.6% below MP; potential pull toward MP by expiry.

Signal vs Noise

~Aggressive OTM call buying with vol/OI >20x is real bullish signal.

~Negative GEX amid bullish flow signals increased volatility risk, not noise.

~Spot significantly below MP suggests mean reversion signal.

Key Conclusions

📈High-vol OTM call buying shows strong bullish conviction near expiry.

⚠️Negative GEX amplifies move risk; watch for gamma squeeze or reversal.

🎯Spot 3.6% below MP; drift toward max pain likely in low vol.

How to Use These Reports

This flow reflects the market close on June 8, 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.