A notable options trade hit the tape for META. A trader executed a $1 million sweep order buying September 19, 2025 $750 call options. The contract was bought at the ask for $50.40 per contract, signaling aggressive bullish intent. The trade size was 203 contracts, executed while META was trading around $778.48, placing the $750 strike in-the-money.
Most importantly, the volume on the day hit 2,113 contracts. Compared to an existing open interest of just 4,707, this results in a volume/open interest (V/OI) ratio of ~0.45. Such a ratio is relatively high and suggests the initiation of new positions. Being labeled a sweep, this order likely reflects institutional urgency and conviction. Overall, this trade highlights a bold, high-premium bet on continued upside in META.
Volume and Open Interest Data
The volume and open interest data for the META $750C 09/19/2025 option shows a surge in trading activity and rising bullish sentiment. On July 31st, volume spiked to 2,174 contracts, the highest over the past five days. Likewise, open interest (OI) increased by +136 contracts, bringing total OI to 4,707. The prior day (July 30th) also saw a significant OI jump of +892, confirming new positions were being opened.
The contract’s closing price jumped from $15.86 to $49.35, more than tripling in a single session. This signals explosive demand. Implied volatility (IV), however, decreased to 28.71%, suggesting traders may now see less risk or are settling into new price expectations. Overall, this trend of high volume, rising open interest, and a sharp spike in contract value indicates strong conviction from buyers.
Dark Pool Transactions
A series of large dark pool transactions showed up for META on July 31st, signaling significant institutional interest. The most notable trade occurred at 12:25 PM, where 13,081 shares were executed at a spot price of $779.34, totaling $10.2 million. This was preceded by another sizable transaction at 10:42 AM involving 5,800 shares for $4.5 million. Lastly, only one minute earlier, another trade of 6,450 shares was put in for $5 million at the bid price of $775.00.
These trades represent a combined volume of over $19 million within just two hours, most of which occurred off-exchange. The activity suggests stealth accumulation by large players, especially given the preference for dark pool execution and the rising spot price during the session. The presence of a lit market trade amid dark prints could indicate a signal for price transparency or directional bias. Overall, this pattern points to bullish institutional sentiment building behind the scenes in META.
What’s Happening with META
Meta Platforms experienced a surge in its stock price to an all-time high following its strong second-quarter 2025 earnings report. The company posted quarterly revenue of $47.52 billion, marking a 22% year-over-year increase, and net income jumped 36% to $18.34 billion, or $7.14 per share. The figures far exceeded analyst estimates. This stellar performance was driven by robust growth in its core advertising business, significantly powered by advances in artificial intelligence that enhanced recommendations and ad targeting across its platforms.
After the earnings announcement, Meta’s shares jumped as much as 12% in after-hours trading. The surge pushed the stock above prior records and reflected renewed investor confidence despite the company raising its annual capital expenditure forecast to as much as $72 billion in pursuit of AI leadership. CEO Mark Zuckerberg highlighted ongoing heavy investment in AI as central to Meta’s future. He emphasized the company’s ambition to build “personal superintelligence” and cement its place at the forefront of the next wave of technology.
About META
Meta Platforms Inc. (META), formerly known as Facebook Inc., is a leading global technology company specializing in social media, digital advertising, and immersive technologies. The company operates some of the world’s most widely used platforms, including Facebook, Instagram, WhatsApp, and Messenger, which collectively connect billions of users worldwide. Meta generates the majority of its revenue through targeted digital advertising across its platforms.
In recent years, the company has expanded its focus to the metaverse—a virtual, interconnected digital space—through its Reality Labs division. The lab was created to develop augmented reality (AR) and virtual reality (VR) hardware and software, such as the Meta Quest headset. With a strong foothold in both current digital ecosystems and emerging virtual experiences, Meta is positioning itself at the forefront of the next generation of online interaction.
Analyst Ratings
| Firm | Rating | Updated |
|---|---|---|
| CFRA | ★★★★★ (5 stars) | 07/31/2025 |
| Market Edge | Long | 05/20/2025 |
| Argus | Buy | 06/18/2025 |
| Morningstar | ★★★★ (4 stars) | 07/31/2025 |
| LSEG | Outperform | 07/30/2025 |
| Schwab Equity Ratings | B | 07/31/2025 |
Analysts renewed their ratings for META right after the company announced Q2 earnings. Their ratings unanimously show strongly bullish sentiment. CFRA issued a 5-star rating, the highest available in their system, reflecting strong conviction. Market Edge upgraded META to “Long” from previously “Neutral from Long,” indicating renewed upside momentum.
Argus holds a “Buy” rating, while Morningstar also gives META 4 out of 5 stars, reinforcing the positive outlook. LSEG (London Stock Exchange Group) rates the stock as “Outperform”, suggesting it’s expected to beat the broader market. Lastly, Schwab Equity Ratings assigns META a “B”, representing an above-average investment rating. Collectively, these updates paint a picture of institutional confidence in META’s long-term growth potential.
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Disclaimer: Options trading involves significant risk and is not suitable for all investors. You may lose the entire investment, and certain strategies may result in losses exceeding the initial amount invested. Past performance does not guarantee future results. This content is for informational purposes only and should not be considered investment advice. Always consult a financial or tax advisor before making investment decisions.
