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META

Meta Platforms, Inc.Close $613.48EOD only
Max Pain
$600.00
Next expiry Sep 9, 2026
Expected Move
±$11.53
1.9% from close
Price Gap
-13.48
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.43
Slightly call-heavy
Consensus
6.5/10
Range bias
Published snapshot: Sep 8, 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
Sep 8, 2026 close
META Theta Report
Analysis based on market close June 10, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 10, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness6 / 10
Sizing: Moderate
Primary: Short Put Spreads
Invalidation: Break below $543.38 support
Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 4.0% from MP

IV Environment

IV Regime
High
IV vs VIX
IV 53.4% vs VIX 22.2, elevated premium
Favorable?
Yes

Term structure: Front-end extreme skew: 0DTE call 64.8%, put 42.8%; steep contango into next week

⚠️0DTE call IV 64.8% unusually high; short gamma risk

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-51.9M)

OI concentrations: Max pain $595 (0DTE); call wall $700-$800; no heavy put OI below spot

Verdict: Neutral pin risk, spot far from max pain

Premium Opportunities

#1
Put credit spread
Sell 2026-07-17 $560.00/$550.00 put spread
Sell 2026-07-17 $560/$550 put spread, max gain $4.29, max loss $5.71, invalidation $543.38
Credit: $3.51-$4.29
Max loss: $5.71
BE: $555.71
Mgmt: Exit if spot breaks below $543.38, monitor earnings proximity.

Risk Alerts

!Spot 4% below max pain, could drift toward $595
!Front-end volatility extreme; avoid 0DTE short gamma
!Negative dealer gamma (-$51.9M) may amplify moves
How to Use These Reports
This theta reflects the market close on June 10, 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.