Financial giants have made a conspicuous bullish move on Meta Platforms. Our analysis of options history for Meta Platforms META revealed 200 unusual trades.
Delving into the details, we found 49% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 36 were puts, with a value of $4,156,987, and 164 were calls, valued at $10,856,448.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $60.0 to $710.0 for Meta Platforms over the last 3 months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Meta Platforms's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Meta Platforms's whale trades within a strike price range from $60.0 to $710.0 in the last 30 days.
Meta Platforms Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| META | CALL | TRADE | BEARISH | 02/21/25 | $45.2 | $45.0 | $45.0 | $600.00 | $450.0K | 614 | 119 |
| META | PUT | TRADE | NEUTRAL | 11/15/24 | $40.45 | $40.1 | $40.3 | $600.00 | $161.2K | 1.1K | 74 |
| META | CALL | TRADE | NEUTRAL | 03/21/25 | $101.8 | $101.25 | $101.56 | $510.00 | $101.5K | 341 | 10 |
| META | CALL | TRADE | BULLISH | 11/15/24 | $85.4 | $85.25 | $85.4 | $500.00 | $85.4K | 2.1K | 15 |
| META | CALL | TRADE | BULLISH | 01/16/26 | $423.4 | $423.05 | $423.4 | $165.00 | $84.6K | 42 | 34 |
About Meta Platforms
Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.
Current Position of Meta Platforms
- With a volume of 4,447,097, the price of META is up 0.38% at $579.1.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 12 days.
What The Experts Say On Meta Platforms
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $646.6.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Stifel has decided to maintain their Buy rating on Meta Platforms, which currently sits at a price target of $663. * An analyst from Baird has decided to maintain their Outperform rating on Meta Platforms, which currently sits at a price target of $605. * An analyst from Citigroup has decided to maintain their Buy rating on Meta Platforms, which currently sits at a price target of $645. * Maintaining their stance, an analyst from Mizuho continues to hold a Outperform rating for Meta Platforms, targeting a price of $650. * An analyst from Cantor Fitzgerald has revised its rating downward to Overweight, adjusting the price target to $670.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Meta Platforms options trades with real-time alerts from Benzinga Pro.
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