Meta (META) Options Signal Bullish Bias: Key Call Strikes and Block Trades Point to $670+ Upside Potential

• Meta’s Q4 earnings beat and AI ad platform launch drove a 12% revenue surge to $32.5B.
• Options data shows heavy call open interest at $700 and $670 strikes, with a put/call ratio of 0.57 (bullish skew).
• Block trades suggest big money is betting on a $770+ move by mid-January.
• Meta’s Reality Labs division hit record $4.2B revenue, but EU fines and metaverse monetization risks linger.

Here’s the deal: Meta’s options market is screaming bullish—but not without caveats. The stock is trading at $662.58, up 0.16% from open, and technicals (MACD +2.54, RSI 56) hint at a short-term breakout. But the real story is in the options: 13,390 open calls at the $700 strike (this Friday’s expiry) and a block trade of 400 contracts at $770 (expiring Jan 16) scream ‘expect a fight for $700+.’

What the Options Chain Reveals About Market Sentiment

The call/put imbalance is stark. This Friday’s top OTM calls ($700, $670, $680) have combined OI of 30,472, while puts ($630, $660) total 13,125. That’s a 2.3x call bias. Why? Traders are pricing in a 6-8% upside move before the $700 level becomes a psychological magnet. The MACD histogram (2.89) and RSI (56) also suggest momentum is building.

But don’t ignore the risks. The 200D MA at $671.44 is a key resistance. If Meta fails to break above $675, the $650 lower Bollinger Band could trigger a pullback. And those block trades? The $770 call (META20260116C770) with $2.37M turnover implies someone’s hedging a big bet—either a hedge fund or a whale expecting a Q1 surge.

How Recent News Fuels the Bull Case

Meta’s Q4 earnings (12% revenue growth) and AI ad platform rollout are the obvious drivers. The $10B buyback and $2.5B Microsoft cloud deal also signal management’s confidence. But here’s the twist: The EU’s $1.8B fine is a short-term headwind, yet the metaverse division’s $4.2B revenue (up 22% QoQ) shows the long-term vision is gaining traction. The new CEO’s 5-year AI roadmap—targeting 30% of revenue from AI by 2030—adds credibility to the $700+ call thesis.

Actionable Trade Ideas for TodayOptions Play: Buy the META20260102C670 (next Friday expiry) at $670. Why? The $670 strike has 6,989 open contracts and sits just 1.1% above the current price. If Meta holds above $650 (lower Bollinger Band), this call could see 15-20% gains by Jan 2. For downside protection, buy the META20260102P660 (3,028 OI) to hedge a $660 support break.Stock Play: Enter long near $650 (30D support) with a stop just below $648.14. Target $675 (200D MA) first, then $680 (key call strike). If Meta cracks $675, re-enter short-term calls at $680 for a $700+ target. Avoid buying above $675 unless volume surges past 2.5M.Volatility on the Horizon

The next 10 days will test Meta’s resolve. A break above $675 could trigger a 10-15% rally, fueled by AI hype and Microsoft’s cloud partnership. But watch the $650 level like a hawk—any close below that could reignite the bear case. The block trades at $770 suggest the bulls are already pre-positioned. This isn’t a ‘buy and hold’ play—it’s a high-stakes chess match. Play it smart, and you’ll ride the AI wave. Play it wrong, and the EU fine could sting.