META Swing Setup – Long Call Into Overbought Strength

📱 META Swing Setup – Long Call Into Overbought Strength
📆 Date: June 6, 2025
📈 Outlook: Moderately Bullish (10–14 day swing)
📊 Strategy: Buy naked call aiming for breakout above resistance near $700

🔍 Model Consensus Overview
Model Bias Strike Premium Target(s) Stop Confidence
Grok Contrarian 680P 13.25 +50% / -25% 75%
Claude Bullish 700C 10.38 $13.49 / $16.61 $7.79 75%
Llama Bullish 760C 0.97 ~100% Gain Below $680 80%
Gemini Bullish 745C 1.71 $3.42 / $5.13 $0.85 70%
DeepSeek Bullish 700C 10.50 $15.75 / $21.00 $7.00 75%

✅ Consensus Direction: Moderately Bullish
🎯 Key Technical Level: Resistance at $699–700
📊 Max Pain: $600 (ignored due to strong trend)
💡 Best Risk-Reward Strike: $700C – high OI & liquidity

⚙️ Technical Snapshot
Trend: Strong daily/weekly uptrend intact

Short-Term: Overbought RSI (77), 15-min consolidation

Support: $680–685

Resistance: $699–700

Volatility: VIX falling = stable setup

News: Sector strength and tech leadership intact

✅ Trade Setup
Metric Value
Instrument META
Direction CALL (Long)
Strike $700
Expiry 2025-06-20
Entry Price $10.38 (midpoint)
Profit Target $15.57 (50% gain)
Stop-Loss $7.78 (25% loss)
Size 1 contract
Confidence 75%
Entry Timing Market Open

🧠 Trade Management Plan
🎯 Targets

Take profit at $15.57

Optional second target: $16.61–$21.00 range if momentum is strong

🛑 Stop Triggers

Premium falls to $7.78

Underlying drops back below $680 (watch for trend break)

📆 Hold Duration

7–10 trading days max

Exit sooner if trend weakens or resistance rejection confirmed

⚠️ Risk Considerations
Overbought RSI: Pullback from $699 possible

Bid/ask spreads: Can widen in low volume

Max pain at $600: Could magnetize near expiration

Market volatility: Sudden macro shocks can derail momentum