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META

Meta Platforms, Inc.Close $577.22EOD only

Max Pain

$580.00

Next expiry Jun 22, 2026

Expected Move

±$10.93

1.9% from close

Price Gap

+2.78

Distance to max pain

IV Rank

100

High premium

P/C OI

0.44

Slightly call-heavy

Consensus

6.5/10

Bullish tilt

Published snapshot: Jun 18, 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 18, 2026 close

META Flow Report

Analysis based on market close June 18, 2026

Directional Theta Gang Flow Earnings Consensus

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

Flow Verdict

Confidence:

6.5 / 10

base 5; -1 GEX/flow contradict; +1 GEX positive (pinning); +0.5 spot 1.7% from MP; +1 VIX 16

Watch next session: Monitor volume at $577.5 and $580 calls; watch for put flow if spot reverses.

Flow Summary

Net premium: -$66.7M bearish

P/C volume ratio: 0.64

P/C OI ratio: 0.44

Heavy OTM call buying (577.5, 580, 575) signals bullish sentiment despite negative net premium. Gamma pinning supports spot near max pain. Low put/call ratios and rising tech sector reinforce upside bias.

Notable Prints

META 2026-06-18 $577.50 Call

Vol: 22,778

OI: 1,184

Vol/OI: 19.2x

IV: 6.9%

Notional: ~$934K

Intent: Speculative call buying

Dual read: Possibly closing short calls

Read-through: Bullish bet on intraday rally above 577.5, low premium suggests low probability

META 2026-06-22 $565.00 Put

Vol: 3,517

OI: 198

Vol/OI: 17.8x

IV: 22.1%

Notional: ~$471K

Intent: Bearish hedge or speculative put

Dual read: Or closing of short puts

Read-through: Expects drop below 565 by next expiry, elevated IV implies fear

META 2026-06-18 $572.50 Call

Vol: 11,910

OI: 727

Vol/OI: 16.4x

IV: 32.9%

Notional: ~$6.8M

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

META 2026-06-18 $572.50 Put

Vol: 13,409

OI: 922

Vol/OI: 14.5x

IV: 8.8%

Notional: ~$13K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

META 2026-06-18 $580.00 Call

Vol: 37,523

OI: 2,734

Vol/OI: 13.7x

IV: 6.3%

Notional: ~$150K

Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Aggressive call buying in weekly 575-580 strikes

Put additions: Short-dated puts near 565-572.5 and long-dated hedge at 505

GEX/DEX consistency: GEX+$39.9M and DEX+61.4M shares consistent; gamma pinning and dealer long

OI clusters: Largest OI at 580C (2734) and 575C (2232); puts at 567.5 (949)

Hedging evidence: Long-dated 505 put (Aug) suggests institutional downside hedge

Max pain context: MP ~572.5; spot below MP, GEX positive implies pinning toward MP

Signal vs Noise

~Heavy call volume on 575-580 strikes is real gamma exposure; low IV on 580C warns of noise from scalping

~Put volume on 565-572.5 is legitimate hedging, not directional bet

~Long-dated 505 put is a distinct hedge signal, not noise

Key Conclusions

🟢Call additions near 575-580 show bullish positioning but low IV indicates gamma scalping; bullish sentiment with caution

🟡Put activity at 565-572.5 and 505 suggests hedging; mixed flow overall

How to Use These Reports

This flow reflects the market close on June 18, 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.