Meta Platforms: Latest Insights on Options Activity and Trends
Meta Platforms: Recent Insights on Unusual Options Activity
Whales with substantial financial backing have adopted a pronounced bearish outlook on Meta Platforms.
By examining the options history, we identified a total of 30 trades involving Meta Platforms META.
An inspection of the trade-specific details indicates that 33% of the investors displayed bullish sentiments, whereas 46% leaned bearish.
Among the transactions observed, 8 were puts, aggregating to $324,715, while there were 22 calls amounting to $1,537,717.
Projected Price Targets for Meta Platforms
When analyzing volume and open interest trends for these contracts, it appears that major investors are targeting a price range from $5.0 to $860.0 for Meta Platforms over the past quarter.
Understanding Volume & Open Interest
Gaining insights from volume and open interest data serves as a vital approach for effectively evaluating a stock.
This metric aids in monitoring liquidity and the intrigue surrounding Meta Platforms's options at varying strike prices.
The following outlines the progression in volume and open interest of both calls and puts related to trades involving Meta Platforms within the designated price range over the last 30 days.
Meta Platforms Call and Put Volume: 30-Day Overview
During this analysis period, notable trading activities have unfolded.
Key Options Trades Detected:
A range of significant trades has been identified, showcasing the sentiments of investors.
Symbol: META
Trade Type: CALL
Sentiment: BEARISH
Expiration Date: 12/27/24
Total Trade Price: $293.5K
Open Interest: 3.4K
Volume: 1.1K
Symbol: META
Trade Type: CALL
Sentiment: NEUTRAL
Expiration Date: 06/18/26
Total Trade Price: $239.7K
Open Interest: 733
Volume: 10
Symbol: META
Trade Type: CALL
Sentiment: NEUTRAL
Expiration Date: 03/21/25
Total Trade Price: $121.0K
Open Interest: 2.7K
Volume: 49
Symbol: META
Trade Type: PUT
Sentiment: BEARISH
Expiration Date: 06/20/25
Total Trade Price: $80.0K
Open Interest: 393
Volume: 11
Symbol: META
Trade Type: CALL
Sentiment: BEARISH
Expiration Date: 01/24/25
Total Trade Price: $77.4K
Open Interest: 2.0K
Volume: 203
About Meta Platforms
Meta stands as the largest social media organization globaly, with nearly 4 billion monthly active users. Its main operational framework, dubbed the "Family of Apps," constitutes popular platforms such as Facebook, Instagram, Messenger, and WhatsApp. Users harness these services for a myriad of purposes, from connecting with friends to following celebrities and managing digital enterprises free of charge. The firm strategically leverages user data collected across its platforms to provide targeted advertising to various brands. Though Meta has begun to invest substantially into its Reality Labs division, this sector still represents a minor fraction of overall revenues.
As we scrutinize the patterns in options trading specific to Meta Platforms, it's time to shift focus towards its current standing in the market.
Current Position of Meta Platforms
- Current trading volume is reported at 1,222,273, with META showing an increase of 0.66%, settling at $603.83.
- Relative Strength Index (RSI) indications suggest the stock might be nearing overbought territory.
- An earnings announcement is anticipated soon.
Expert Opinions on Meta Platforms
In recent evaluations, 4 market analysts have weighed in on the stock, arriving at a consensus target price of $692.5.
Unusual Options Activity Detected: A Shift in Smart Money
Analysts are closely monitoring Meta Platforms as unusual options trading activity arises. Recent recommendations include:
- Truist Securities maintains a Buy rating, with a target price at $700.
- JP Morgan maintains its Overweight rating, setting a target price at $725.
- Piper Sandler continues its Overweight ratings, aiming for a price target of $670.
- However, Raymond James has downgraded its rating to Strong Buy, adjusting the target to $675.
Engaging in trading options carries heightened risks but also presents opportunities for higher returns. Knowledgeable traders often dampen these risks through continuous education, strategic trade shifts, and attentive monitoring of market developments. Stay updated with recent options trades involving Meta Platforms and gain insights for adept trading.
Frequently Asked Questions
What is the recent sentiment on Meta Platforms' stock options?
The recent sentiment appears to be bearish, with a notable percentage of traders taking bearish positions.
How significant was the recent trading volume for Meta Platforms?
The recent trading volume stood at 1,222,273, indicating robust market activity.
What do experts predict for Meta Platforms' price targets?
Experts have set a consensus price target of $692.5 for Meta Platforms, with individual predictions reaching as high as $725.
What should investors keep in mind about options trading?
Investors should understand that options trading involves greater risks, and ongoing education can play a critical role in successful trading.
What is Meta Platforms' core business model?
Meta operates major social media platforms that monetize user data through targeted advertising, while also exploring new business avenues within its Reality Labs division.
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