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 17 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, 7 are puts, for a total amount of $275,337 and 10, calls, for a total amount of $872,737.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $420.0 to $500.0 for Mastercard ( MA ) over the last 3 months.
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Mastercard's ( MA ) options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Mastercard's ( MA ) whale trades within a strike price range from $420.0 to $500.0 in the last 30 days.
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MA | CALL | TRADE | BULLISH | 495 | 0 | ||||||
| MA | CALL | TRADE | BEARISH | 2.3K | 0 | ||||||
| MA | CALL | TRADE | BEARISH | 519 | 12 | ||||||
| MA | CALL | SWEEP | BULLISH | 458 | 19 | ||||||
| MA | CALL | TRADE | BULLISH | 888 | 0 |
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.
Following our analysis of the options activities associated with Mastercard ( MA ), we pivot to a closer look at the company's own performance.
With a trading volume of 1,430,281, the price of MA is up by 1.43%, reaching $476.49.
Current RSI values indicate that the stock is may be approaching overbought.
Next earnings report is scheduled for 20 days from now.
In the last month, 4 experts released ratings on this stock with an average target price of $525.0.
An analyst from Jefferies persists with their Buy rating on Mastercard ( MA ), maintaining a target price of $540.
An analyst from Evercore ISI Group persists with their Outperform rating on Mastercard ( MA ), maintaining a target price of $545.
An analyst from Susquehanna persists with their Positive rating on Mastercard ( MA ), maintaining a target price of $535.
Maintaining their stance, an analyst from Mizuho continues to hold a Buy rating for Mastercard ( MA ), targeting a price of $480.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Mastercard ( MA ) options trades with real-time alerts from Benzinga Pro.