Meta Platforms, Inc. (META)
Overview · Option chain · Volatility · Expected-move history · Earnings
Cboe delayed options data · as of 06:40 UTC · Figures derived from the full chain (7,250 contracts, 24 expirations) · IV own-history percentile appears after 60 recorded days (28 so far)
Expected move · Nov 20, 2026 (32 days)
Methodology →Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.
Options are pricing a move of about ±10.8% (range 629.07–781.57) by Nov 20, 2026. ATM straddle: 76.25 @ strike 705 · ATM IV: 43.3%.
Probability distribution
Model & assumptions →The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.
| Level | vs price | P(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction. | P(below) |
|---|---|---|---|
| 634.79 | -10% | 77.6% | 22.4% |
| 670.06 | -5% | 63.2% | 36.8% |
| 705.32 | -0% | 47.4% | 52.6% |
| 740.59 | +5% | 32.8% | 67.2% |
| 775.86 | +10% | 21.0% | 79.0% |
Model-estimated probabilities of finishing above/below each level at expiration: estimates under stated assumptions, not predictions.
Probability explorer
Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.
Horizon: Nov 20, 2026 · lognormal model with zero drift: an estimate, not a prediction. Assumptions
Expirations
Open the chain →| Expires | DTEDays to expiration, in calendar days. | Implied move | ATM IV | Open int. |
|---|---|---|---|---|
| Oct 19, 2026 | 0 | ±2.2% | 29.2% | 41.3K |
| Oct 21, 2026 | 2 | ±5.5% | 59.7% | 5,014 |
| Oct 23, 2026 | 4 | ±7.3% | 65.8% | 138.1K |
| Oct 26, 2026 | 7 | ±7.5% | 56.7% | 9,055 |
| Oct 28, 2026 | 9 | ±8.0% | 54.8% | 536 |
| Oct 30, 2026 | 11 | ±8.4% | 53.4% | 68.8K |
| Nov 02, 2026 | 14 | — | — | 0 |
| Nov 06, 2026 | 18 | ±9.3% | 48.3% | 33.3K |
| Nov 13, 2026 | 25 | ±10.1% | 45.3% | 10.8K |
| Nov 20, 2026 | 32 | ±10.8% | 43.3% | 371.4K |
| Nov 27, 2026 | 39 | ±11.3% | 41.5% | 2,239 |
| Dec 18, 2026 | 60 | ±13.3% | 39.8% | 351.3K |
Open interest by strike · Nov 20
Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.
Largest open-interest concentrations (all expirations ≤ 60 days): 800 C · 51.5K900 C · 31.1K700 C · 27.6K750 C · 25.9K750 P · 19.1K
IV term structure
Volatility page →At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.
When does open interest expire?
Implied vs realized volatility
HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method
Price, last 60 sessions
Daily closes; Financial Modeling Prep.
Track record
Full history →Of 192 recorded snapshot-versus-outcome comparisons so far, the close landed inside the expected range 35.4% of the time.
Past earnings reactions
Avg |reaction| 11.3% · median 9.4% (20 reports). Two-session close-to-close window; definition
About Meta Platforms, Inc.
Meta Platforms Inc., which operated as Facebook, Inc. until its October 2021 rebranding, is a technology enterprise focused on developing innovative products that empower people globally to connect and share with their friends and family. These services are accessible across a variety of digital platforms, including mobile phones, personal computers, virtual reality devices, and wearables. The company's activities are organized into two principal divisions: the Family of Apps and Reality Labs. The Family of Apps segment encompasses well-known platforms such as: Facebook, where users can share content, participate in discussions, explore new interests, and build connections. Instagram, a vibrant community dedicated to sharing visual media like photos and videos, sending private messages, and utilizing features such as user feeds, ephemeral stories, short video reels, live streams, and integrated shopping functionalities. Messenger, a dedicated application that facilitates text, audio, and video communications, enabling individuals to communicate with their social networks, communities, and even businesses across different devices and operating systems. WhatsApp, a widely adopted and
Communication Services · Internet Content & Information · NASDAQ · Profile: Financial Modeling Prep
META news
All news →What we want to see when Capital One and Meta report earnings next week
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
CNBC · Oct 16, 16:06 UTC ↗Tariffs on Metals, Autos Mire Down U.S.-Mexico Trade Talks
Plus, J.B. Hunt's profit rose despite higher costs, and Venture Global is aiming to supply power for data centers.
WSJ · Oct 16, 07:12 UTC ↗Related securities · Communication Services
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