Meta (META) Options Signal Bullish Bias: Key Call Strikes and Block Trades Point to $675–$700 Breakout Potential

• META drops 1.06% to $653.07, trading near 30D support at $646.45
• Call open interest dominates at $675–$685 strikes, with a 0.59 put/call ratio favoring bullish bets
• Block trades hint at $770 call accumulation, suggesting big players target $700+ levels

The market is whispering: Meta’s options activity screams for a rebound. With calls outpacing puts by a 2:1 margin and block trades stacking at key strikes, the data leans heavily toward a short-term upside breakout. Let’s unpack why this could be a pivotal day for traders.Bullish Imbalance in OTM Options and Whale Moves

The options chain tells a clear story: traders are piling into calls above $675. This Friday’s top call strikes ($675, $685) hold 10,635 and 9,287 open interest, respectively—nearly double the next closest calls. Meanwhile, puts are concentrated at $650 and $630, with 4,635 and 4,385 open interest. The 0.59 put/call ratio (call dominance) suggests a crowd betting on a rebound above $675.

But it’s the block trades that catch attention. A $770 call (META20260116C770) saw 400 contracts traded for $2.37 million, hinting at institutional positioning for a $700+ move. Combine this with the 30D support at $646.45 and the Bollinger Band lower bound at $640.96, and the setup feels like a springboard—price could snap back to the middle band ($658.24) or even test the upper band ($675.52) if buyers step in.

News Flow: Growth Outweighs Short-Term Risks

Meta’s Q4 revenue ($35.6B) and AI-driven ad tools are fueling optimism. The $10B buyback and $3B Microsoft cloud partnership add tailwinds. But the $1.2B GDPR fine and user growth concerns (2% Q4) are headwinds. Here’s the kicker: the market seems to have priced in the negatives already. The stock’s 12% post-earnings surge and 2-for-1 split announcement (Feb 2026) suggest investors are betting on long-term AI and metaverse gains, not short-term hiccups.

Actionable Trade Ideas for TodayOptions Play: Buy the META20260102C675 call (this Friday’s $675 strike). With the stock near $653, a rebound to $675 would give this call 4% upside in a day. For insurance, pair it with the META20260102P650 put (4,635 OI) to hedge a drop below $646.45.Stock Play: Consider entry near $646.45 (30D support) with a stop just below $643.50 (intraday low). Target $675.52 (Bollinger upper band) or $685 (call-heavy zone). If the 200D resistance ($747.25) breaks, the 200D MA at $673.21 could act as a pivot.Volatility on the Horizon

The next 72 hours will test Meta’s resolve. A close above $675.52 could trigger a rally toward $700, fueled by the block-traded META20260116C770 call. But watch the 200D MA at $673.21—it’s a psychological hurdle. If the stock stalls there, the $650–$645 support cluster (30D/200D overlap) becomes critical. For now, the data leans bullish—but don’t ignore the puts at $630. They’re a reminder that a breakdown could accelerate if sentiment shifts.

Final Takeaway

Meta’s options activity and news flow align on a short-term rebound. The call-heavy chain and block trades at $770 suggest big players are eyeing a $700+ move. For traders, this is a high-conviction setup—but balance it with a put hedge to protect against a surprise drop. The key is to act quickly: time decay on Friday-expiring options is a double-edged sword. If you’re bullish, today’s the day to stack the odds in your favor.