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Behind the Scenes of Meta Platforms's Latest Options Trends

Benzinga ·  Nov 30, 2024 00:15

Whales with a lot of money to spend have taken a noticeably bullish stance onMeta Platforms.

Looking at options history for Meta Platforms (NASDAQ:META) we detected 52 trades.

If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 36% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $344,608 and 43, calls, for a total amount of $2,630,278.

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 $505.0 to $690.0 for...

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