Options volume in Meta Platforms Inc. accelerated notably on Wednesday, reaching a total of 1,140,593 contracts by 1:00 p.m. New York time, based on exchange figures compiled by Bloomberg. Calls accounted for the bulk of activity, with 852,563 contracts traded, while puts totaled 290,030 contracts.
Shares of Meta were trading at $618.13 during the cited session, representing a gain of 9.73%.
The single most active option contract was the August 21, 2026 $720 call. That strike saw 39,987 contracts change hands and carried open interest of 34,379 contracts as of June 30. Other heavily traded calls included the July 10, 2026 $650 call with 15,689 contracts traded and open interest of 1,168 contracts; the July 1, 2026 $630 call with 10,826 contracts and open interest of 361; and the July 1, 2026 $620 call which registered 9,655 contracts and held open interest of 156 contracts.
On the put side of the ledger, the July 1, 2026 $590 put was the standout, registering 9,420 contracts traded and recording open interest of 32 contracts.
Volatility metrics moved alongside the heightened options turnover. Meta's three-month implied volatility rose by 0.53 percentage points to 39.94%. The company's three-month 90/110 skew increased by 0.18 percentage points to 0.68 percentage points.
Market context and mechanics
The session's activity was concentrated in a mix of short-dated July contracts and a more distant August monthly, with calls dominating the trade count. Open interest figures provided for each active strike show the quantity of outstanding contracts at the referenced snapshot date.
Data notes - All volume and open interest figures are drawn from exchange data as compiled by Bloomberg, and the volatility and skew moves reflect the three-month measures cited for Meta.