thetaOwl
HomeOptionsMETAReports

META

Meta Platforms, Inc.Close $607.38EOD only
Max Pain
$605.00
Next expiry May 22, 2026
Expected Move
±$8.30
1.4% from close
Price Gap
-2.38
Distance to max pain
IV Rank
35
Middle-high premium
P/C OI
0.45
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: May 21, 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
May 21, 2026 close
META AI Consensus Report
Analysis based on market close April 7, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 7, 2026. A newer ai consensus report is available for May 21, 2026.

View latest report
Conviction
5.5

out of 10

5.5 because structural support from concentrated GEX and OI gives a measurable magnet, but conviction is pulled down materially by active protective flow, elevated short-dated IV/unusual prints and an upcoming earnings/event window — any of which can invalidate the pin quickly.

Where Perspectives Agree

Market positioning and dealer gamma are creating a short-term pin toward $575 — concentrated call OI and GEX pinning make $575 a magnet and keep sideways-to-slightly-bullish bias in place absent a clear catalytic move.

Where They Diverge

Flow and institutional activity show net protective buying and unusual short-dated prints, which directly undermine the pin-by-gamma thesis by increasing tail-demand for downside protection; earnings/event sensitivity and elevated front-week IV create an event-risk that can vaporize theta opportunities and flip dealer positioning if realized.

Top Trade
via directional

Sell 5/22 575/565 put spread for a net credit (expected credit), targeting defined-risk bullish exposure into pin; adjust or hedge around earnings/short-dated flow prints.

Key Risk

A decisive daily close below $565 with rising put flow flips dealer gamma (from pinning to short-gamma) and would likely accelerate downside toward $550, invalidating the $575 magnet and collapsing the pin thesis.

How to Use These Reports
This ai consensus reflects the market close on April 7, 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.