financetom
Business
financetom
/
Business
/
Nu Holdings Unusual Options Activity For August 27
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Nu Holdings Unusual Options Activity For August 27
Aug 29, 2024 5:17 AM

Investors with a lot of money to spend have taken a bearish stance on Nu Holdings ( NU ) .

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NU, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 9 uncommon options trades for Nu Holdings ( NU ).

This isn't normal.

The overall sentiment of these big-money traders is split between 22% bullish and 55%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $309,830, and 6 are calls, for a total amount of $741,686.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $2.5 to $25.0 for Nu Holdings ( NU ) over the last 3 months.

Volume & Open Interest Development

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 Nu Holdings's ( NU ) 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 Nu Holdings's ( NU ) whale trades within a strike price range from $2.5 to $25.0 in the last 30 days.

Nu Holdings Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
NU CALL SWEEP BULLISH 01/17/25 $3.25 $3.15 $3.2 $12.00 $320.3K 37.7K 2.2K
NU PUT TRADE NEUTRAL 10/18/24 $0.47 $0.45 $0.46 $14.00 $230.0K 1.0K 17.3K
NU CALL TRADE BEARISH 10/18/24 $1.08 $1.04 $1.04 $14.00 $208.0K 14.7K 2.0K
NU CALL TRADE BULLISH 01/16/26 $0.5 $0.43 $0.49 $25.00 $90.6K 1.9K 1.8K
NU PUT SWEEP BEARISH 04/17/25 $4.7 $4.6 $4.7 $19.00 $53.5K 149 114

About Nu Holdings

Nu Holdings Ltd ( NU ) is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.

In light of the recent options history for Nu Holdings ( NU ), it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Nu Holdings

With a volume of 29,754,812, the price of NU is up 0.03% at $14.63.

RSI indicators hint that the underlying stock may be overbought.

Next earnings are expected to be released in 77 days.

Professional Analyst Ratings for Nu Holdings

A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $15.375.

Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for Nu Holdings ( NU ), targeting a price of $15.

An analyst from UBS has revised its rating downward to Neutral, adjusting the price target to $13.

An analyst from Barclays persists with their Overweight rating on Nu Holdings ( NU ), maintaining a target price of $17.

An analyst from Susquehanna persists with their Positive rating on Nu Holdings ( NU ), maintaining a target price of $16.

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 Nu Holdings ( NU ) 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 >
Foxconn Chairman Young Liu meets PM Modi for second time in 8 months
Foxconn Chairman Young Liu meets PM Modi for second time in 8 months
Mar 1, 2023
Recently, a joint venture between Vedanta and Foxconn had finalised the Dholera Special Investment Region near Ahmedabad as the location for setting up India's first semiconductor plant.
IT ministry gives 48 hours to banned websites, apps to prove genuineness
IT ministry gives 48 hours to banned websites, apps to prove genuineness
Feb 9, 2023
The Ministry of Electronics and Information Technology (MeitY) last week ordered blocking of 232 apps, based on an emergency request issued by a nodal officer of the home ministry, against 138 betting and gambling websites and 94 loan apps that were engaging in illegal money laundering and posing a threat to financial security of the country.
India is the place to be for many German companies, says SAP CEO
India is the place to be for many German companies, says SAP CEO
Feb 27, 2023
SAP's CEO, Christian Klein, expressed his confidence in India's economy and emphasized the importance of the country as a market. In a statement, he said, "India is a very important market, it is the place to be." He also stated that he is very optimistic about the future calls of India's economy and investments from Germany.
Truecaller for Business launches new key features to enhance communication capabilities—check details
Truecaller for Business launches new key features to enhance communication capabilities—check details
Feb 22, 2023
The new features and updates include Business Profile, Call Me Back Feature and User Feedback capabilities, designed to cater to the evolving needs of enterprises and strengthen Truecaller’s current enterprise offering. With these new capabilities, enterprises can enhance brand identity, identify interested customers clearly and get efficient customer feedback.
Copyright 2023-2026 - www.financetom.com All Rights Reserved