We recommend selling the following OTM Call Option of META.

Sell META Mar 28, 630 CE

Our analysis behind this recommendation is as follows:

A) Analysis of Stock Market Indices

Insight #1: NASDAQ (QQQ) is moderately BEARISH today!

* QQQ has 14.6 Mathur Bear-Bull Percent, implying it is strongly bearish.

We can also check the Open Interest distribution for QQQ below.

The pie charts illustrate the bullish or bearish sentiment for each ticker {GLD, IWM, QQQ, SPY} by showing the distribution of Open Interest, color-coded as follows:

Insight #2: For QQQ options expiring on Mar 28, 2025 (2 DTE), 96.4 % of the total open interest is jointly attributed to “Put Long Buildup”, “Call Long Unwinding and Call Writing” reinforcing a BEARISH sentiment.

B) Analysis of Mag-7 Stocks

Insight #3: META shows the strongest BEARISH sentiment among the Mag 7 stocks, based on the Open Interest distribution across weekly (2 DTE) option chain.

META has 12.6 Bear-Bull Percent, implying it is strongly bearish.

We can also check the Open Interest distribution for META below.

Insight #4: META is the most BEARISH based on the weekly (2 DTE) option chains, with 99.2% of total Open Interest jointly attributed to “Put Long Buildup, and “Call Writing”. This distribution signals a strong BEARISH sentiment.

Insight #5: Additionally, we confirm that META shows strong BEARISH sentiment, as evidenced by the absolute Open Interest distribution across its weekly (2 DTE) option chain.

Conclusion

Based on our analysis, we propose to Sell to Open the following OTM Call Option of META:

Sell META Mar 28 630 CE

Appendix — My Trade

On Mar 26, 2025, at 10:10 AM, I executed the following trade:

Sell To Open META Mar 28 630 CE @ $3.82

This trade is clearly reflected in the price chart of the META 630 CE shown below:

I sold to open an META Mar 28, 630 CE at $3.82, collecting $382 per contract.