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META

Meta Platforms, Inc.Close $744.10EOD only
Max Pain
$690.00
Next expiry Sep 25, 2026
Expected Move
±$31.28
4.2% from close
Price Gap
-54.10
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.44
Slightly call-heavy
Consensus
6.5/10
Range bias
Published snapshot: Sep 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
Sep 23, 2026 close
META Theta Report
Analysis based on market close June 25, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from June 25, 2026. A newer theta report is available for June 29, 2026.

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Theta Verdict

Attractiveness6 / 10
Sizing: Moderate
Primary: Theta premium selling
Invalidation: Spot below $512 or VIX above 22
Confidence:
7 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 4.8% from MP; +0.5 VIX 19

IV Environment

IV Regime
High
IV vs VIX
Very elevated vs VIX
Favorable?
Yes

Term structure: Call IV elevated vs put IV; slight contango

⚠️Dealer short gamma $ -26.9M
📈Call OI wall $625-$800 caps upside
📉Max pain $570 above spot

Pin Risk Assessment

Spot vs MP: Below

GEX regime: Trending ($-26.9M)

OI concentrations: Call OI wall $625-$800; sparse put OI

Verdict: Low pin risk; max pain above spot

Premium Opportunities

#1
Iron condor
Sell 2026-07-24 $520.00/$500.00 put wing and $580.00/$600.00 call wing
Sells premium via put and call wings, profiting from time decay and IV contraction.
Credit: $8.01-$9.79
Max loss: $10.21
BE: 510.21 / 589.79
Mgmt: Close at 50% of max profit or before earnings expiry; adjust if spot nears wings.

Risk Alerts

!Dealer short gamma may amplify moves
!IV high but may decay quickly
How to Use These Reports
This theta reflects the market close on June 25, 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.