Check Out What Whales Are Doing With META - Meta Platforms (NASDAQ:META)

Core Insights - Investors are taking a bearish stance on Meta Platforms, with significant options trades indicating potential insider knowledge of upcoming events [1][2] - The overall sentiment among large traders is 34% bullish and 50% bearish, with a notable focus on put options [2] - Major market movers are targeting a price range between $580.0 and $750.0 for Meta Platforms over the last three months [3] Options Trading Activity - A total of 46 uncommon options trades were identified for Meta Platforms, with 29 puts amounting to $1,925,030 and 17 calls totaling $1,063,422 [2] - The volume and open interest trends for options indicate significant liquidity and interest in the specified strike price range [4] Market Performance and Analyst Insights - The current price of Meta Platforms is $626.18, reflecting a decrease of 1.54% [17] - Analysts have set an average target price of $853.4, with individual targets ranging from $802 to $915 from various firms [14][15] - The company has a vast user base of nearly 4 billion monthly active users across its platforms, which include Facebook, Instagram, Messenger, and WhatsApp [12]