Financial giants have made a conspicuous bearish move on Meta Platforms. Our analysis of options history for Meta Platforms (NASDAQ:META) revealed 44 unusual trades.

Delving into the details, we found 31% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 23 were puts, with a value of $1,205,081, and 21 were calls, valued at $2,327,839.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $300.0 to $705.0 for Meta Platforms over the last 3 months.

Volume & Open Interest Trends

Examining the volume and open interest provides...