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META

Meta Platforms, Inc.Close $593.48EOD only
Max Pain
$577.50
Next expiry Jun 17, 2026
Expected Move
±$13.72
2.3% from close
Price Gap
-15.98
Distance to max pain
IV Rank
100
High premium
P/C OI
0.47
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: Jun 15, 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 15, 2026 close
META Flow Report
Analysis based on market close June 16, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Flow Verdict

BiasBullish
Confirmation: Sustained heavy call buying and positive gamma keep spot anchored above MP.
Invalidation: Break below $595 or shift to heavy put buying would negate bullish outlook.
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 VIX 16

Watch next session: $600; $620

Flow Summary

Net premium: +$260.0M bullish

P/C volume ratio: 0.36

P/C OI ratio: 0.46

Aggressive call buying across strikes ($600-$620) drives $260M net premium and +$102M gamma. Low put/call ratios and bullish regime dominate, targeting further upside despite tech selloff.

Notable Prints

#1
META 2026-06-17 $620.00 Call
Vol: 22,928
OI: 619
Vol/OI: 37.0x
IV: 30.2%
Notional: ~$1.0M
Intent: Bullish speculation

Read-through:

#2
META 2026-06-17 $605.00 Call
Vol: 16,144
OI: 660
Vol/OI: 24.5x
IV: 28.0%
Notional: ~$4.4M
Intent: Bullish speculation

Read-through:

#3
META 2026-06-17 $602.50 Call
Vol: 10,189
OI: 498
Vol/OI: 20.5x
IV: 28.2%
Notional: ~$3.8M
Intent: Bullish speculation

Read-through:

#4
META 2026-06-17 $597.50 Put
Vol: 6,081
OI: 296
Vol/OI: 20.5x
IV: 28.5%
Notional: ~$2.2M
Intent: Bearish hedge

Read-through:

#5
META 2026-06-17 $595.00 Put
Vol: 6,236
OI: 380
Vol/OI: 16.4x
IV: 28.2%
Notional: ~$1.7M
Intent: Bearish hedge

Read-through:

Institutional Positioning

Call additions: Aggressive OTM call buying at 600-620 strikes, top at 600C (25887 vol, 1823 OI)

Put additions: Scant: 597.5P (6081 vol, 296 OI) and 595P (6236 vol, 380 OI)

GEX/DEX consistency: Consistent: GEX +$102.1M bullish, DEX +61.7M shares, gamma pin near 600

OI clusters: Largest OI: 600C (1823), 615C (788), 597.5C (879), all above spot

Hedging evidence: No hedging; no put wall below, no collar trades

Max pain context: Spot above max pain; calls pinning near 600-605 region

Signal vs Noise

~Signal: High vol/OI on OTM calls indicates real institutional bullish positioning
~Noise: Low put volumes with high vol/OI but low OI are speculative, not hedging
~Signal: GEX/DEX alignment confirms bullish flow rather than positioning noise

Key Conclusions

📈Institutions piling into OTM calls 600-620; aggressive bullish bet ahead of expiry
🔇No put hedging or collars detected; flow is outright long
How to Use These Reports
This flow reflects the market close on June 16, 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.