META at the Pivot Zone: Big Options Energy Building Ahead of CPIMeta Platforms, Inc.BATS:METABullBearInsightsGEX-Based Options Analysis: META is currently trading at $720.70, right beneath the highest positive GEX wall at $725, which aligns with the Gamma Resistance zone. The call structure above is dense, with strong walls at 730, 735, and 740, suggesting sellers may be active on strength unless price can break through and hold above $725. This zone is the inflection. Below, Put Support builds at 715, 710, and especially at 707.5, forming a defensive gamma floor. The net gamma delta leans slightly CALL-biased at 12.6%, and IVR at 28.6 signals a relatively low volatility environment. This favors premium-selling strategies or debit spreads with strong directional confluence. 💡 Option Trade Setup Ideas: * Bullish: Above $725 with confirmation, long 735c or 740c dated 7/12 or 7/19. Safer via debit spreads (e.g., 725/735 call spread) if IV climbs post-CPI. * Bearish: Rejection below $723 with failed breakout = potential short via 720p or 715p targeting $710–707 area. * Neutral-to-Range Play: Short strangle 715p/735c if expecting chop until CPI resolution. 1-Hour Chart Technical Analysis: The price action is forming a compression wedge between descending trendline resistance and a horizontal demand base between 711.80–713.50, which has been defended multiple times. The current structure shows lower highs, but also consistent support with multiple BOS/CHoCH flips, especially along the 715 zone. A strong reaction candle printed off the demand block after sweeping liquidity on July 8th. Volume is declining, suggesting compression before expansion. 🔍 Key Technical Levels: * Support: 711.80 → 707.50 (Put wall + SMC demand) * Resistance: 725 → 730 → 735 (GEX resistance cluster) The EMA and volume structure hint at accumulation, but buyers need a clear breakout over 725 and retest for confirmation. A break below 711 would signal bearish continuation toward 707 and potentially 700. My Trading Outlook: * Bullish above 725: I’ll be looking for breakout + volume confluence for short-term long toward 735–740. * Bearish below 713: If price loses structure and VWAP shifts downward, I’ll scalp short setups toward 707.50 zone. * Avoid chasing in mid-zone: Let CPI and market sentiment unfold. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trade based on your own risk tolerance and always use proper risk management.