Meta Platforms Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bearish stance on Meta Platforms.

Looking at options history for Meta Platforms META we detected 14 trades.

If we consider the specifics of each trade, it is accurate to state that 42% of the investors opened trades with bullish expectations and 57% with bearish.

From the overall spotted trades, 3 are puts, for a total amount of $140,450 and 11, calls, for a total amount of $593,740.

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Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $380.0 for Meta Platforms during the past quarter.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $30.0 to $380.0 in the last 30 days.

Meta Platforms Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

About Meta Platforms

Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.

After a thorough review of the options trading surrounding Meta Platforms, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Meta Platforms

• With a trading volume of 1,898,053, the price of META is up by 0.06%, reaching $335.25.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 72 days from now.

What Analysts Are Saying About Meta Platforms

In the last month, 5 experts released ratings on this stock with an average target price of $376.0.

• An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $350.
• An analyst from Barclays persists with their Overweight rating on Meta Platforms, maintaining a target price of $400.
• Reflecting concerns, an analyst from RBC Capital lowers its rating to Outperform with a new price target of $400.
• Maintaining their stance, an analyst from Roth MKM continues to hold a Buy rating for Meta Platforms, targeting a price of $365.
• Reflecting concerns, an analyst from Seaport Global lowers its rating to Buy with a new price target of $365.

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