This Is What Whales Are Betting On Meta Platforms
Portfolio Pulse from Benzinga Insights
A large bullish position on Meta Platforms (NASDAQ:META) has been spotted on publicly available options history. Benzinga's options scanner identified 17 options trades for Meta Platforms, with a total amount of $1,308,385 in calls and $104,550 in puts. Whales have been targeting a price range of $125 to $340 for Meta Platforms over the last 3 months.
May 19, 2023 | 1:46 pm
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A large bullish position has been spotted on Meta Platforms, with $1,308,385 in calls and $104,550 in puts. Whales have been targeting a price range of $125 to $340 for the stock over the last 3 months.
The large bullish position on Meta Platforms indicates that a significant investor or institution believes the stock price will rise in the short term. The high volume of calls compared to puts suggests a positive outlook for the stock. Additionally, the targeted price range of $125 to $340 over the last 3 months indicates that whales are expecting significant price movement in the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100