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META

Meta Platforms, Inc.Close $593.48EOD only
Max Pain
$577.50
Next expiry Jun 17, 2026
Expected Move
±$13.72
2.3% from close
Price Gap
-15.98
Distance to max pain
IV Rank
100
High premium
P/C OI
0.47
Slightly call-heavy
Consensus
9.0/10
Bullish tilt
Published snapshot: Jun 15, 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 15, 2026 close
META Theta Report
Analysis based on market close June 16, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Theta Verdict

Attractiveness9 / 10
Sizing: Moderate
Primary: Short Puts
Invalidation: Break below $587.5 support
Confidence:
9 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +1 VIX 16

IV Environment

IV Regime
Normal
IV vs VIX
IV ~49%, VIX ~16, elevated skew from near-term events
Favorable?
Yes

Term structure: Very steep near-term skew (2d put IV 310%); longer-term ~33-39%.

📊Near-term IV spikes: 2d put IV 310% signals event risk; longer-term IV ~33-39%
🔒Positive GEX +$102M and bullish flow support premium selling

Pin Risk Assessment

Spot vs MP: Above

GEX regime: Pinning ($+102.1M)

OI concentrations: Max pain at $588 (6/17), $600 (6/18), $585 (6/22); call wall $700-$900

Verdict: Prices likely pin near $588-$600 into June OPEX; call wall caps upside

Premium Opportunities

#1
Put credit spread
Sell 2026-07-24 $570.00/$560.00 put spread
Sells $570/$560 put spread to collect premium with $587.5 support floor.
Credit: $2.43-$2.97
Max loss: $7.03
BE: $567.03
Mgmt: Close at 50% max profit or if spot breaks below $587.5.
#2
Cash-secured put
Sell 2026-08-21 $565.00 cash-secured put
Sells $565 cash-secured put to collect premium with bullish outlook.
Credit: $20.16-$24.64
Max loss: $540.36
BE: $540.36
Mgmt: Roll if spot approaches $587.5 or hold to expiry.

Risk Alerts

!Near-term IV spike (2d put IV 310%) signals event risk; consider sizing small.
!Positive GEX but may flip if spot drops below $587.5
How to Use These Reports
This theta reflects the market close on June 16, 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.