Core Insights - Investors with significant capital have adopted a bearish stance on Meta Platforms, indicating potential insider knowledge of upcoming events [1] - The overall sentiment among large traders is mixed, with 36% bullish and 42% bearish positions observed [2] - Significant investors are targeting a price range for Meta Platforms between $5.0 and $1050.0 over the past three months [3] Options Activity - A total of 52 uncommon options trades for Meta Platforms were identified, with 9 puts amounting to $414,298 and 43 calls totaling $9,235,903 [2] - The analysis of volume and open interest provides insights into liquidity and interest levels for Meta's options at various strike prices [4] Market Status - Meta Platforms is the largest social media company globally, with nearly 4 billion monthly active users, and its core business includes Facebook, Instagram, Messenger, and WhatsApp [10] - Recent expert ratings for Meta Platforms show a consensus target price of $895.5, with various analysts adjusting their ratings and price targets [11][12] - Currently, Meta's stock is trading at $710.77, reflecting a slight decrease of -0.18%, with an anticipated earnings release in 12 days [14]
Smart Money Is Betting Big In META Options - Meta Platforms (NASDAQ:META)