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Fri. 14 Jan 2022, 2:45pm ETBenzinga
In: Options, Markets

Someone with a lot of money to spend has taken a bearish stance on Meta Platforms (NASDAQ:FB).

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with FB, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 19 uncommon options trades for Meta Platforms.

This isn't normal.

The overall sentiment of these big-money traders is split between 47% bullish and 52%, bearish.

Out of all of the special options we uncovered, 10 are puts, for a total amount of $447,301, and 9 are calls, for a total amount of $380,061.

What's The Price Target?

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 $355.0 for Meta Platforms over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Meta Platforms's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Meta Platforms's whale trades within a strike price range from $300.0 to $355.0 in the last 30 days.

Meta Platforms Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
FB CALL SWEEP NEUTRAL 01/14/22 $330.00 $108.1K 3.2K 5.5K
FB PUT TRADE NEUTRAL 01/28/22 $322.50 $96.3K 207 1.4K
FB PUT SWEEP BULLISH 06/17/22 $300.00 $79.6K 7.7K 603
FB PUT SWEEP NEUTRAL 01/28/22 $322.50 $52.0K 207 540
FB CALL SWEEP BULLISH 01/14/22 $332.50 $50.5K 2.5K 15.8K

Where Is Meta Platforms Standing Right Now?

  • With a volume of 11,436,374, the price of FB is up 1.42% at $331.11.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 19 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.