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Meta Platforms (META) hasn’t exactly enjoyed the strongest performance recently. Though META stock has managed to avoid some of the disastrous incidents of volatility that have plagued the technology sector, the overall print has been frustrating. In the past six months, META has declined by more than 12%. Over the trailing 52 weeks, shareholders are in the red by 5%.
Still, the smart money doesn’t seem particularly worried — and that’s coming from Barchart’s screener for volatility skew. This indicator identifies implied volatility (IV) or a stock’s potential kinetic output across the strike price spectrum of a given options chain. For the March 20 expiration date for META stock, the overall posture appears relatively boring, which is a telling clue amid broader market chaos.
