Meta (META) Options Signal Bullish Bias: Key Strikes and Whale Moves to Watch for 12/12–12/19 Expirations

• META’s price action shows a -0.59% dip today, trading below its 200D MA but holding above critical support at $611.90.
• Options data reveals a 2.05x call/put open interest imbalance, with heavy call buying at $700 and $750 strikes for next Friday’s expiry.
• Block trades hint at institutional positioning: 4,000+ contracts sold in deep-out-of-the-money calls ahead of 2026 expiries.

Here’s the core insight: Meta’s options market is leaning hard into a bullish narrative, with technicals and news aligning for a potential breakout above $700—but short-term volatility could test support first.What the Options Chain Reveals About Market Sentiment

Let’s start with the numbers. For this Friday’s expiry (12/12), the top call open interest piles up at $690–$720 strikes, while puts cluster at $580–$600. But the real story is next Friday (12/19): the $700 call alone has 18,477 open contracts—nearly triple the next highest strike. That’s not just noise; it’s a vote of confidence from options players expecting a push above the 200D MA ($671.47) and into uncharted territory.

Meanwhile, block trades tell a cautionary tale. The largest trade—4,000 contracts sold in the META20260116C770 call—suggests whales are hedging or locking in profits ahead of 2026. But the smaller 300–2,000 contract sales in 12/12–12/19 expiries (like META20251212C780) imply near-term profit-taking if the stock cracks $700.

How Meta’s News Stack Up Against the Bullish Bias

Meta’s recent headlines are a mixed bag. The EU ad choice rollout and AI wearable pivot are textbook catalysts for a stock trading at 73 RSI (overbought territory). Investors love the shift from speculative metaverse bets to tangible AI wearables—Limitless acquisition and CNN/Fox partnerships add real-world utility. But here’s the catch: the 30% metaverse budget cut could spook short-term traders worried about near-term losses. Yet the options data ignores that risk, focusing instead on the $700+ ceiling.

Actionable Trade Ideas for Today’s Move

For options traders, the META20251219C700 call is the standout. With 18,474 open contracts and the stock hovering near $669, a break above $675 could trigger a cascade of long calls. Target entry: $675–$680. If the stock holds above its 30D MA ($643.42), this call could pay off handsomely by expiry. For a safer play, consider a bull call spread: buy the $670 call and sell the $720 call (both 12/19 expiries) to cap risk while still profiting from a $700+ move.

Stock traders should watch two levels: $665 (intraday low) as immediate support and $676.71 (intraday high) as a breakout trigger. If the stock closes above $676.71 tomorrow, consider entries near $678–$680 with a target at $700. A breakdown below $665, however, could force a retest of the 30D support ($608.65)—use that as a signal to tighten stops or pivot to puts like the META20251219P600.Volatility on the Horizon: Balancing Bullish Momentum and Risks

Meta’s story isn’t all one-way bets. The RSI at 73 suggests overbought conditions, and the Bollinger Bands show the stock is trading near the upper band ($671.83). A pullback to the middle band ($623.78) isn’t out of the question—especially if the EU ad rollout underwhelms. But the options market isn’t pricing that in. For now, the call/put ratio (0.57) and whale moves suggest a race to $700. The question is: Will Meta’s AI pivot and real-time news partnerships fuel that move, or will profit-taking and technical resistance slow the climb? Either way, the next 72 hours will tell.

Final Take: This is a high-conviction setup. If you’re bullish, the $700 call and $675–$680 entry range are your best bets. If you’re cautious, a short-term bear put spread (e.g., META20251219P600/META20251219P580) could hedge against a dip. But one thing’s clear: Meta’s options market isn’t just dreaming of a $700+ move—it’s betting on it.