thetaOwl
HomeOptionsMETAReports

META

Meta Platforms, Inc.Close $562.20EOD only
Max Pain
$570.00
Next expiry Jun 24, 2026
Expected Move
±$8.90
1.6% from close
Price Gap
+7.80
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.44
Slightly call-heavy
Consensus
6.0/10
Bullish tilt
Published snapshot: Jun 23, 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 23, 2026 close
META Flow Report
Analysis based on market close June 24, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Flow Verdict

BiasMixed
Confirmation: Spot breaks above $565 or below $555
Invalidation: Spot stays between $555 and $565
Confidence:
8 / 10
base 5; +2 GEX/flow strongly aligned; +0.5 spot 1.3% from MP; +0.5 VIX 19

Watch next session: $555; $560; $565

Flow Summary

Net premium: -$137.2M bearish

P/C volume ratio: 0.67

P/C OI ratio: 0.43

Heavy call and put volume at OTM strikes suggests straddle/strangle positioning. Net premium strongly negative but call dominance, mixed flow with short gamma and high vol. Unclear directional bias.

Notable Prints

#1
META 2026-06-24 $562.50 Call
Vol: 16,573
OI: 374
Vol/OI: 44.3x
IV: 7.4%
Notional: ~$17K
Intent: Speculative long call
Dual read: Possible short covering

Read-through: Aggressive bullish bet

#2
META 2026-06-24 $560.00 Call
Vol: 14,633
OI: 483
Vol/OI: 30.3x
IV: 5.4%
Notional: ~$44K
Intent: Bullish call buying
Dual read: Could be part of spread

Read-through: Expected rally

#3
META 2026-06-24 $557.50 Call
Vol: 5,432
OI: 202
Vol/OI: 26.9x
IV: 6.3%
Notional: ~$440K
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

#4
META 2026-06-24 $557.50 Put
Vol: 14,589
OI: 619
Vol/OI: 23.6x
IV: 5.1%
Notional: ~$613K
Intent: Bearish put purchase
Dual read: Hedging existing longs

Read-through: Expects decline

#5
META 2026-06-24 $567.50 Call
Vol: 13,680
OI: 728
Vol/OI: 18.8x
IV: 13.7%
Notional: ~$14K
Intent: Unclear flow intent

Read-through: Needs contextual interpretation.

Institutional Positioning

Call additions: Heavy call volume at 562.5, 560, 557.5, 567.5 strikes (vol/OI 15-44x)

Put additions: Elevated put volume at 557.5, 562.5, 560, 555 strikes (vol/OI 14-24x)

GEX/DEX consistency: Mixed: GEX -$4M, DEX +57.9M shares

OI clusters: Largest OI: 565C (1554), 555P (1371), 560P (1301), 567.5C (728)

Hedging evidence: Puts at 555, 557.5, 560 suggest downside hedging

Max pain context: Spot below MP (~570), 1.3% away; pinning to MP likely

Signal vs Noise

~Real signal: massive vol/OI ratios at 562.5C (44x) & 560C (30x) indicate aggressive positioning
~Noise: low-OI strikes with small volume (<500 contracts) ignored

Key Conclusions

🟡High volume at 562.5C but low OI and negative GEX; institutional buying not confirmed, mixed signals
🟡Put clusters at 555-560 form a bearish floor; hedging against downside
How to Use These Reports
This flow reflects the market close on June 24, 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.