Unusual Options Activity: $30M Bet on META $750 Calls Expiring Oct 12
73,096 contracts traded vs. 1,681 open interest, about $29.6M in premium.
Traders bought or sold 73,096 META $750 call contracts expiring Oct 12, about $29.6M in premium, against just 1,681 contracts of existing open interest (43.5× volume to open interest). That makes it one of the largest unusual options trades in the market in the latest session.
The strike is out of the money with META at $718.67 (-0.3% on the day). Volume above open interest means new positions are being opened, which is why options traders watch these prints closely. Calls gain if the stock rises above the strike before expiration, though big prints can also be hedges.
Other unusual META contracts
| Contract | Volume | Open int. | Premium |
|---|---|---|---|
| $750 Call · Oct 12 | 73,096 | 1,681 | $29.6M |
| $745 Call · Oct 12 | 43,197 | 1,378 | $29.2M |
| $740 Call · Oct 12 | 16,084 | 4,147 | $17.0M |
| $747.5 Call · Oct 12 | 29,995 | 731 | $15.4M |
| $740 Put · Oct 16 | 14,163 | 1,919 | $14.0M |
| $742.5 Call · Oct 12 | 15,574 | 582 | $13.2M |
Source: Nasdaq option chains (end-of-day volume and open interest), scanned by GTA Options Flow across the 160 most active U.S. stocks.
Written by the GTA Research Desk from GTA Terminal data. Not investment advice.
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