Home Options METAReports

META

Meta Platforms, Inc.Close $600.21EOD only

Max Pain

$587.50

Next expiry Jun 17, 2026

Expected Move

±$9.55

1.6% from close

Price Gap

-12.71

Distance to max pain

IV Rank

100

High premium

P/C OI

0.46

Slightly call-heavy

Consensus

8.5/10

Bullish tilt

Published snapshot: Jun 16, 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 16, 2026 close

META Flow Report

Analysis based on market close June 17, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

7 / 10

base 5; +2 GEX/flow strongly aligned; -0.5 spot 3.8% from MP; +0.5 VIX 18

Watch next session: META

Flow Summary

Net premium: -$1.3B bearish

P/C volume ratio: 0.76

P/C OI ratio: 0.46

Massive OTM call buying (587.5C OI 161 vs 24k vol) signals bullish speculation. Net premium negative but call volume dominates. Spot below MP; dealers long delta (+63.5M) and short gamma (-$25.8M) may amplify upside. Tuesday expiration focus.

Notable Prints

META 2026-06-17 $587.50 Call

Vol: 24,427

OI: 161

Vol/OI: 151.7x

IV: 25.0%

Notional: ~$24K

Intent: Lottery bet on spike

Dual read: Hedge for short stock

Read-through: Low conviction, high vol

META 2026-06-17 $582.50 Call

Vol: 18,189

OI: 192

Vol/OI: 94.7x

IV: 19.5%

Notional: ~$18K

Intent: Speculative upside

Dual read: Covering short calls

Read-through: Expects bounce, not sustainable

META 2026-06-18 $582.50 Call

Vol: 23,570

OI: 260

Vol/OI: 90.7x

IV: 33.8%

Notional: ~$2.6M

Intent: Directional long tomorrow

Dual read: Part of call spread

Read-through: Bullish near-term

META 2026-06-17 $580.00 Call

Vol: 19,579

OI: 282

Vol/OI: 69.4x

IV: 19.8%

Notional: ~$20K

Intent: Cheap lottery

Dual read: Pin risk hedge

Read-through: No strong signal

META 2026-06-17 $585.00 Call

Vol: 30,949

OI: 492

Vol/OI: 62.9x

IV: 22.3%

Notional: ~$93K

Intent: Speculative OTM

Dual read: Rolling from lower strike

Read-through: Low probability, high tail

Institutional Positioning

Call additions: Massive call buying at 580-590 strikes 6/17-18, vol/oi >150x speculative.

Put additions: Moderate put buying at 572.5/577.5 for 6/17, vol/oi ~30-38, possibly hedging.

GEX/DEX consistency: GEX -$25.8M negative gamma, DEX +63.5M shares long delta, consistent with dealer hedging.

OI clusters: Largest OI: 590C 1,005, 587.5C 792 (6/18), 585C 492, 577.5P 464.

Hedging evidence: Put buying at 572.5/577.5 may hedge long stock; call buying could be short covering or speculation.

Max pain context: Spot 3.8% below MP; negative gamma may amplify upside if rally toward MP.

Signal vs Noise

~Massive OTM call volume with low OI and near-zero premium is noise: not smart money flow.

~High vol/oi ratios >50 on OTM calls suggest retail speculation, not institutional.

~Moderate put buying with decent premium at 572.5/577.5 may be genuine hedging signal.

Key Conclusions

📈Aggressive OTM call buying speculative, likely noisy.

⚠️Negative GEX and positive DEX may amplify moves into expiration.

📊Spot below MP with large call OI pins upside potential to $580.

How to Use These Reports

This flow reflects the market close on June 17, 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.