Looking At Meta Platforms's Recent Unusual Options Activity

Looking At Meta Platforms's Recent Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bullish stance on Meta Platforms.

Looking at options history for Meta Platforms META we detected 24 strange trades.

If we consider the specifics of each trade, it is accurate to state that 58% of the investors opened trades with bullish expectations and 41% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $1,194,521 and 14, calls, for a total amount of $734,463.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $700.0 for Meta Platforms over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Meta Platforms options trades today is 5170.71 with a total volume of 11,706.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Meta Platforms's big money trades within a strike price range of $50.0 to $700.0 over the last 30 days.

Meta Platforms Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

 

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
META PUT TRADE BULLISH 01/17/25 $300.00 $570.6K 0 30
META PUT SWEEP BULLISH 02/17/23 $95.00 $188.1K 7.5K 381
META PUT SWEEP BULLISH 06/21/24 $95.00 $154.0K 209 100
META CALL TRADE BULLISH 06/21/24 $50.00 $133.0K 50 0
META CALL TRADE NEUTRAL 01/20/23 $110.00 $75.0K 17.2K 220

Where Is Meta Platforms Standing Right Now?

  • With a volume of 8,028,614, the price of META is up 1.03% at $109.9.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 64 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Meta Platforms, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets