Marina Lyubimova
● Meta Platforms ($META) slipped about 1% on November 3, 2025, as institutional traders showed bearish sentiment in the options market. According to Quant Data, over $27 million worth of call options were sold while $12 million in puts were bought—a clear sign of increased caution.
● This shift comes as Meta's stock, trading around $640, has pulled back from last week's highs above $650. The heavy call selling typically means traders are less confident about short-term gains, while the put buying suggests they're hedging against potential losses.
● The selloff has erased nearly $25 billion from Meta's market cap over two weeks. Concerns include slower digital ad spending, ongoing European regulatory pressure, and rising competition from AI-powered platforms. Still, Meta's fundamentals remain solid with strong cash flow and major investments in AI, AR/VR, and the metaverse.
● Meta's weakness mirrors a broader cooling among big tech stocks as traders reposition ahead of potential Fed policy shifts. Despite the pressure, options activity stayed heavy—Meta recorded over 40,000 contracts on Monday, making it one of the most actively traded tech names.
● "📉 $META down another 1% intraday as $27M+ in calls are sold and $12M+ in puts bought," Quant Data noted, highlighting how options flow can signal sentiment shifts before they show up in price action.
● Traders are now watching the $635 support level closely. Whether Meta holds or breaks through that zone could determine if this pullback continues into mid-November or finds its footing.
Marina Lyubimova
