financetom
Business
financetom
/
Business
/
Mastercard Unusual Options Activity
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mastercard Unusual Options Activity
Apr 9, 2024 8:09 AM

Whales with a lot of money to spend have taken a noticeably bearish stance on Mastercard ( MA ).

Looking at options history for Mastercard ( MA ) we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 58% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $354,975 and 6, calls, for a total amount of $340,374.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $450.0 to $500.0 for Mastercard ( MA ) over the last 3 months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Mastercard's ( MA ) options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Mastercard's ( MA ) substantial trades, within a strike price spectrum from $450.0 to $500.0 over the preceding 30 days.

Mastercard Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
MA CALL SWEEP BULLISH 04/19/24 $15.25 $13.95 $14.92 $460.00 $147.8K 785 102
MA PUT SWEEP BULLISH 01/17/25 $28.05 $27.3 $27.3 $470.00 $109.2K 207 0
MA PUT TRADE BULLISH 04/19/24 $4.6 $4.3 $4.3 $470.00 $86.0K 555 201
MA CALL SWEEP BEARISH 04/12/24 $3.25 $3.15 $3.15 $472.50 $47.8K 46 169
MA CALL TRADE BULLISH 04/12/24 $23.35 $20.9 $22.54 $450.00 $45.0K 3 20

About Mastercard

Mastercard ( MA ) is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard ( MA ) operates in over 200 countries and processes transactions in over 150 currencies.

Present Market Standing of Mastercard

Trading volume stands at 421,747, with MA's price down by -0.18%, positioned at $478.0.

RSI indicators show the stock to be is currently neutral between overbought and oversold.

Earnings announcement expected in 16 days.

Professional Analyst Ratings for Mastercard

3 market experts have recently issued ratings for this stock, with a consensus target price of $520.0.

Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Mastercard ( MA ) with a target price of $545.

Maintaining their stance, an analyst from Susquehanna continues to hold a Positive rating for Mastercard ( MA ), targeting a price of $535.

An analyst from Mizuho persists with their Buy rating on Mastercard ( MA ), maintaining a target price of $480.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Mastercard ( MA ) with Benzinga Pro for real-time alerts.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
JPMorgan Says 2025 Net Interest Income Consensus Too High, Shares Decline Intraday
JPMorgan Says 2025 Net Interest Income Consensus Too High, Shares Decline Intraday
Sep 11, 2024
03:11 PM EDT, 09/10/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) said Tuesday that Wall Street's net interest income consensus for 2025 is too high when considering interest rate cuts that are widely expected to begin at the Federal Reserve's monetary policy meeting next week. Chief Operating Officer Daniel Pinto said at a conference that the market is modeling...
Weight-loss market to see 16 new drugs by 2029, report estimates
Weight-loss market to see 16 new drugs by 2029, report estimates
Sep 11, 2024
(Reuters) - The market for weight-loss treatments is expected to see 16 new drugs vying for a slice of the lucrative business currently dominated by Novo Nordisk and Eli Lilly ( LLY ), according to estimates from analysts at Morningstar and Pitchbook. In a joint report published on Monday, analysts estimated the market for obesity treatments could expand to $200...
Leadership of Petroperu offer to resign amid financial crisis
Leadership of Petroperu offer to resign amid financial crisis
Sep 11, 2024
LIMA, Sept 10 (Reuters) - The board of directors of Petroperu said on Tuesday they have presented their resignation amid a financial crisis in which the Peruvian state oil firm has battled mounting debt and dwindling cash to keep its operations running. The board's decision to resign was unanimous, according to a company statement. Peru's prime minister earlier this month...
News Corp would lose $9 million by ditching Google ads, ex-exec testifies
News Corp would lose $9 million by ditching Google ads, ex-exec testifies
Sep 11, 2024
ALEXANDRIA, Virginia (Reuters) - News Corp ( NWSA ) explored switching away from Google's advertising tools in 2017 but estimated that doing so would lose the Wall Street Journal publisher at least $9 million in ad revenue, a former executive testified on Tuesday at Google's antitrust trial in Virginia. Google frustrated publishers by introducing features that benefited itself more than...
Copyright 2023-2026 - www.financetom.com All Rights Reserved