Meta (META) Options Signal $700 Bull Call Battle: How to Play the AI Exodus and Bollinger Breakout

• META surges 2.77% to $667.48, trading near 30-day high of $670.56
• Call open interest dominates at $700 strike (18,461 contracts), while puts cluster at $600–$620
• Yann LeCun’s $3B AI startup and EU regulatory risks create a volatile backdrop

Here’s the thing: Meta’s options market is locked in a tug-of-war between bulls eyeing a $700 breakout and bears bracing for a $600 collapse. With the stock perched just below its 30-day high and AI-driven news shaking investor confidence, today’s trade setup feels like a storm waiting to break. Let’s unpack what the numbers—and LeCun’s exit—really mean for your portfolio.

The $700 Call Wall and the Shadow of $600 Puts

META’s options chain tells a story of divided conviction. This Friday’s $700 call (META20251219C700) leads with 18,461 open contracts, nearly double the next strike. That’s not just noise—it’s a price level where big money is betting on a breakout above Bollinger Bands’ upper bound ($688.48). But don’t ignore the puts: $600 puts (META20251219P600) sit at 15,995 OI, forming a psychological floor 10% below current price.

The block trades add intrigue. A 400-lot sale of META20260116C770 (expiring Jan 16, 2026) for $2.37M suggests some whales are hedging long-term AI bets. Meanwhile, the 5,798-lot call dump on META20250919C840 (expiring Sept 19) hints at profit-taking from older, deep-in-the-money positions. This isn’t just a short-term battle—it’s a chess game between near-term volatility and long-term AI optimism.

LeCun’s Exit and the AI Bubble Debate

Yann LeCun’s $3B startup is the elephant in the room. On one hand, his departure raises questions about Meta’s AI roadmap—will the TBD Lab keep innovating without its “godfather”? On the other, the EU’s DSA/DMA fines and $70B+ capex costs already baked into the stock mean this news isn’t a shock. What’s new? The timing. With $700 calls heating up, investors are pricing in both AI progress and regulatory pain.

The Google-Meta TPU collaboration adds a twist. If successful, it could cut Meta’s reliance on Nvidia and lower inference costs—good for margins, bad for short-term volatility. But until we see real-world results, the market will keep hedging against AI monetization risks. That’s why those $620 puts (META20251226P620) with 1,914 OI next Friday matter: they’re a safety net for a 9% drop scenario.

Trade Ideas: Calls for the Brave, Puts for the Pragmatic

For the aggressive: Buy META20251219C670 (this Friday’s $670 call) if price breaks above $670.56. With RSI at 56 and MACD crossing into positive territory, a push to $700 feels plausible. Target a 10–15% move before Friday’s close.

For the cautious: Buy META20251226P620 (next Friday’s $620 put) as insurance. With support at $646.45 (30D support) and resistance at $747.25 (200D resistance), a pullback to $620 would test investor resolve. This trade costs ~$12–$15/share, a small price for downside protection.

Stock players: Consider entries near $646.45 (30D support) if RSI dips below 50, or $747.25 (200D resistance) if MACD confirms a bullish crossover. A break above $688.48 (Bollinger upper band) would validate the call-heavy bets.

Volatility on the Horizon

This isn’t a clean “buy the dip” or “sell the rally” story. Meta’s caught in a crossfire between AI euphoria and regulatory reality. The $700 call wall and $600 put fortress suggest a pivotal week ahead. If the stock holds above $646.45, the bulls have a shot at retesting $750. But a close below $639.60 (middle Bollinger band) could trigger a race to $600. Either way, the options market is pricing in a 15–20% swing by next Friday. Your move? Stack the odds by hedging your longs—or go all-in if you believe LeCun’s exit is just the beginning.