Meta Platforms Unusual Options Activity - Meta Platforms (NASDAQ:META)

Core Insights - Whales have adopted a bullish stance on Meta Platforms, with 41% of trades reflecting bullish expectations and 35% bearish [1] - The total volume of options trades includes 22 puts amounting to $1,237,460 and 102 calls totaling $11,352,822 [1] Options Activity - Big players are targeting a price range for Meta Platforms between $220.0 and $800.0 over the past quarter [2] - The average open interest for Meta's options is 3,521.32, with a total volume of 270,494.00 [3] Options Snapshot - Recent notable options trades include multiple call sweeps with neutral sentiment, with total trade prices around $727.5K to $500.1K for strike prices at $220.00 [7] Company Overview - Meta Platforms is the largest social media company globally, with nearly 4 billion monthly active users, operating platforms like Facebook, Instagram, Messenger, and WhatsApp [8] - The company generates revenue primarily through advertising, leveraging user data from its applications [8] Analyst Opinions - Analysts have set an average target price of $935.8 for Meta Platforms, with individual targets ranging from $750 to $1,117 [9][10] Current Market Status - The current price of META is $666.21, reflecting a 1.14% increase, with earnings expected in 29 days [12]