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Smart Money Is Betting Big In META Options

Benzinga ·  02:16

Financial giants have made a conspicuous bullish move on Meta Platforms. Our analysis of options history for Meta Platforms (NASDAQ:META) revealed 200 unusual trades.

Delving into the details, we found 49% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 36 were puts, with a value of $4,156,987, and 164 were calls, valued at $10,856,448.

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 $60.0 to $710.0 for Meta Platforms over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest...

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