Meta (META) Options Signal Bullish Bias: Target $700+ with Strategic Call Plays as AI Hype Builds

• Options OI highlights: Calls at $700 and $670 dominate this Friday’s open interest, while puts at $600–$620 hint at limited downside fear.
• Block trades alert: A $2.37M call block at META20260116C770 suggests long-term bullish positioning.
• News-driven momentum: Meta’s AI "Mango" model and Trump’s AI order could fuel a breakout above $670.

Meta’s options market is whispering a clear message: bulls are circling. With call open interest outpacing puts by a 1.65:1 margin and block trades hinting at big-money bets, today’s $667.25 price tag feels like a springboard for a $700+ run. Let’s unpack why this setup matters—and how to play it.

Bullish OI Clusters and Whale Moves

Options traders are stacking calls like building blocks. This Friday’s $700 strike (OI: 17,493) and $670 strike (OI: 14,356) are magnets for capital, suggesting a collective bet on a push above Bollinger Bands’ $687.47 upper band. Meanwhile, the put-heavy zone at $600–$620 (OI: 12,702–10,308) acts as a psychological floor.

But here’s the twist: A $2.37 million block trade in META20260116C770—expiring in January 2026—signals deep conviction. Selling those calls at $770 implies either a hedge or a premium grab, but it also whispers that big players expect Meta to stay above $770 for months. Risk? If the stock stumbles below $659.62 (today’s intraday low), that call-heavy zone could turn into a trap.

AI News as Fuel for the Fire

Meta’s "Mango" AI model isn’t just lab talk—it’s a real-world catalyst. The company’s push into multimodal AI (text + video) directly challenges OpenAI’s dominance, and Trump’s AI order removes regulatory headwinds. Combine that with Jim Cramer’s "ridiculously cheap" valuation call (22x 2026 earnings), and you’ve got a recipe for a short-term pop.

Investor sentiment matters here. Retail traders love stories, and Meta’s AI gamble is a winner. If the stock cracks $670 (a 0.7% move from current levels), the $700 call wall could ignite a self-fulfilling rally. But don’t ignore the 30-day support at $646.45—break below that, and the 200-day MA at $671.11 becomes a speed bump.

Actionable Plays for Today

For options traders, the most compelling setup is the META20251219C670 (this Friday’s $670 call). With 14,356 contracts in open interest, this strike is a liquidity sweet spot. If Meta closes above $670.16 (today’s high), the call could surge on gamma-driven buying. A tighter play: META20251226C680 (next Friday’s $680 call) if you want to ride the post-earnings hype.

Stock traders should watch two levels:

• Entry: Buy dips near $659.62 (today’s low) if the 30-day support at $646.45 holds.
• Targets: First, test the $671.11 200-day MA; then aim for $687.47 (Bollinger upper band).

The Downside? If Meta’s AI hype falters or earnings miss next week, the $620–$630 put wall could cap losses. But with RSI at 56.6 and MACD crossing above the signal line, the bias stays firmly bullish.Volatility on the Horizon

This isn’t a "buy and forget" trade. Meta’s options market is a ticking clock—Friday’s expirations will test the $670–$700 call wall, while next week’s block trades hint at a longer game. The key takeaway? Position yourself to ride the AI narrative, but keep a tight stop below $650. In a sector where XLK is down 4.3%, Meta’s resilience makes it a standout. As one options pro might say: "The money’s on the table. Now it’s about timing."