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META

Meta Platforms, Inc.Close $648.03EOD only
Max Pain
$620.00
Next expiry Sep 14, 2026
Expected Move
±$12.53
1.9% from close
Price Gap
-28.03
Distance to max pain
IV Rank
24
Low premium
P/C OI
0.44
Slightly call-heavy
Consensus
6.5/10
Range bias
Published snapshot: Sep 11, 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 11, 2026 close
META Theta Report
Analysis based on market close June 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 15, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness8 / 10
Sizing: Aggressive
Primary: Put credit spreads
Invalidation: Spot closes below $570
Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 4.1% from MP; +1 VIX 16

IV Environment

IV Regime
Normal
IV vs VIX
META IV ~49% vs VIX 16.2, elevated by 3x
Favorable?
Yes

Term structure: Front-end elevated with extreme put IV at June 18 (267%), back months normal ~38-40%

📈Bullish dealer flow + GEX $82.6M
📍Max pain $570; pinning expected
⚠️June 18 put IV 267% signals tail risk

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+82.6M)

OI concentrations: Max pain $570, also $578, $610; Call OI wall $700-$800

Verdict: Pinning near $570 likely for weekly; upside drift possible via bullish flow

Premium Opportunities

#1
Put credit spread
Sell 2026-07-24 $585.00/$570.00 put spread
Sell $585/$570 put spread; profit from time decay and IV contraction.
Credit: $5.49-$6.71
Max loss: $8.29
BE: $578.29
Mgmt: Defend if spot <$570; roll or close.
#2
Cash-secured put
Sell 2026-07-24 $570.00 cash-secured put
Sell $570 put; collect rich premium with assignment risk.
Credit: $13.16-$16.09
Max loss: $553.91
BE: $553.91
Mgmt: Monitor $570 invalidation; roll if breached.

Risk Alerts

!High put IV at June 18 expiry tail risk
!Gap risk if spot drops below $570 support
How to Use These Reports
This theta reflects the market close on June 15, 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.