Meta Platforms Inc.

META
603.18 USD ↑ 4.32 (+0.72%)
Last updated: 17h ago · Pre-mkt
Net DEX · 2026-05-13

META Net Delta Exposure (DEX)

What is this?
Total OI 595K
Call OI 389K
Put OI 206K
OI PCR 0.53
Total Volume 304K
Call Volume 206K
Put Volume 97K
Volume PCR 0.47
ATM IV (nearest) 34.09%
ATM IV (30d) 31.43%
Max Pain 600 2026-05-13 · 0d
Expected Move ±1.39% 595 – 612
Chart Guide

What is Net DEX (Delta Exposure)?

The directional pressure dealers are carrying right now

Net DEX maps where dealers will buy or sell stock to stay hedged — showing you the invisible supply and demand zones. Large positive DEX above current price…

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Frequently Asked Questions

What is net delta exposure (DEX) for META?
Net delta exposure (DEX) measures the total directional bias of all options positions held by dealers for META on NYSE/NASDAQ. It represents the aggregate number of underlying shares (or equivalent contracts) that dealers must hold to remain delta-neutral across the entire options chain. The current net DEX for META is −2.1M (net short delta (bearish dealer positioning)). Positive DEX means dealers are net long the underlying; negative DEX means they are net short.
How is DEX different from GEX for META?
GEX (gamma exposure) measures the rate of change of dealer hedging flows — it tells you how much dealers will buy or sell for each 1% move in META. DEX (delta exposure) measures the current absolute directional position of dealers — it tells you the total long or short bias right now. GEX predicts the magnitude of hedging activity; DEX reveals the current directional tilt. Together they give a complete picture of dealer positioning in META options.
How do I use net DEX to trade META?
Strikes with large positive DEX (dealers heavily long delta there) act as support — dealers will buy on dips at those levels to maintain their hedge. Strikes with large negative DEX act as resistance — dealers sell into rallies. A large positive total net DEX suggests overall upward hedging pressure on META; a large negative reading suggests downward pressure. This is particularly useful when combined with the GEX and OI walls charts.
How often is META net DEX data updated on StrikeVue?
META net delta exposure is recalculated every 5 minutes during United States market hours from live NYSE/NASDAQ options data. StrikeVue is completely free and requires no login or broker account.