Mixed options sentiment in Meta Platforms (Facebook) (META), with shares down $10.78 near $716.46. Options volume more than double the daily average with 295k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.47. Implied volatility (IV30) is higher by 0.6 points near 38.79,and above the 52wk median, suggesting an expected daily move of $17.51. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Meta Platforms (Facebook) (META) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Private Markets: iCapital secures $820M in new funding round
- Meta Thumbs its Nose to EU Charges After Refusing to Alter Ad Model
- Meta Platforms price target raised to $795 from $735 at JPMorgan
- Meta works to win AI race with money, finds not all can be bought, Verge says
- EU’s New AI Framework Sparks Investor Worry for U.S. Tech Giants