Short interest for Nu Holdings gives investors a sense of the degree to which investors are betting on the decline of Nu Holdings's stock. Short interest data is updated every two weeks.

Nu Holdings Stock (NYSE:NU), Short Interest Report

Nu Holdings

Nu Holdings Ltd 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.

Warren Buffett AI

Long Ideas

Tech

Trading Ideas

AAPL

SNOW

Warren Buffett likened AI to nuclear weapons. And yet, Berkshire Hathaway has investments in AI-focused companies.

Warren Buffett&#39;s AI Concerns Vs. Portfolio Potential: Berkshire&#39;s 3 AI Plays

Cathie Wood Ark Photo courtesy Benzinga YouTube and Unsplash

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Equities

News

Markets

ETFs

$BTC

ARKF

ARKK

ARKW

COIN

CRSP

MRNA

PINS

On Tuesday, Cathie Wood-led Ark Invest made a significant move by offloading a substantial number of shares in Coinbase Global Inc (NASDAQ:COIN), despite Bitcoin (CRYPTO: BTC) reaching new 

Cathie Wood&#39;s Ark Invest Keeps Dumping Coinbase Shares Amid Bitcoin, Crypto Buzz

warren-buffett-bitcoin

Education

Berkshire Hathaway Inc (NYSE:BRK)(NYSE:BRK) is one of the largest companies in the world.

If You Invested $1,000 In Bitcoin When Warren Buffett Called It &#39;Rat Poison Squared,&#39; Here&#39;s How Much You&#39;d Have Today

Nu Holdings Ltd

NuCypher - United States Dollar

Nuveen Enhanced Yield U.S. Aggregate Bond ETF

NORTHUMBERLAND BANCORP by Northumberland Bancorp

Northumberland Bancorp

Nuveen ESG U.S. Aggregate Bond ETF

Nubia Brand International Corp

NUBIA BRANDS INTL CORP UNIT 1 CL A & 1/2 WT EXP

NUBIA BRANDS INTL CORP WT EXP

Nuveen ESG International Developed Markets Equity ETF

Nuveen ESG Dividend ETF

Nucor Corp

Nu Earth Corp

Nuveen ESG Emerging Markets Equity ETF

Nufarm Ltd

NUGL Inc

NUGENE INTERNATIONAL, INC by NuGene International, Inc.

Livento Group Inc

Nuveen Growth Opportunities ETF

CANNABIS STRATEG VNTRE by Cannabis Strategic Ventures

Cannabis Strategic Ventures

Direxion Daily Gold Miners Index Bull 2XShares

NuGenerex Immuno-Oncology Inc

Nuheara Ltd

Nuveen ESG High Yield Corporate Bond ETF

Nukkleus Inc

Exchange Traded Concepts Trust Range Nuclear Renaissance Index ETF

Nuveen ESG Large-Cap ETF

Nuveen ESG Large-Cap Growth ETF

NULEGACY GOLD CORP by NuLegacy Gold Corporation

NuLegacy Gold Corp

NULS - United States Dollar

Nuveen ESG Large-Cap Value ETF

Numbers Protocol

Nu-Med Plus Inc

Nuveen ESG Mid-Cap Growth ETF

NUMINUS WELLNESS INC by Numinus Wellness Inc.

Numinus Wellness Inc

Nuveen ESG Mid-Cap Value ETF

NUNZIA PHARMACEUTICL CORP by Nunzia Pharmaceutical Corporation

Nunzia Pharmaceutical Corp

NOMURA RESEARCH INSTITUTE by Nomura Research Institute Ltd.

Nomura Research Institute Ltd

Nuveen Short-Term REIT ETF

NeuroMetrix Inc

NEUREN PHARMS LTD ORD by Neuren Pharmaceuticals Ltd.

Neuren Pharmaceuticals Ltd

Nu Skin Enterprises Inc

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF

Nuveen Ultra Short Income ETF

Nuveen ESG Small-Cap ETF

Nationwide Nasdaq-100 Risk-Managed Income ETF

NAUTILUS MINERALS INC ORD by Nautilus Minerals Inc.

NEW SOURCE ENGY PFD UTS by New Source Energy Partners LP

New Source Energy Partners LP

Nutroganics Inc

Nutex Health Inc

REJUVEL BIO-SCIENCES INC by Rejuvel Bio-Sciences, Inc.

Rejuvel Bio-Sciences Inc

Nuveen Municipal Value Fund, Inc. Common Stock

Nuveen Municipal Value Fund Inc

Nuvation Bio Inc

Emo Capital Corp

Nuvalent Inc

NuVim Inc

Holdco Nuvo Group D.G Ltd. - Ordinary Shares

Holdco Nuvo Group DG Ltd

NUVERA COMMUNICATIONS INC by Nuvera Communications, Inc.

Nuvera Communications Inc

NUVISTA ENERGY LTD by NuVista Energy Ltd.

NuVista Energy Ltd

Nuveen AMT-Free Municipal Value Fund

Nuwellis Inc

Nuzee Inc

Investors with a lot of money to spend have taken a bearish stance on Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>).
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, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 9 uncommon options trades for Nu Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 33% bullish and 55%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $130,228, and 6 are calls, for a total amount of $1,270,758.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $9.0 and $20.0 for Nu Holdings, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Nu Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Nu Holdings's significant trades, within a strike price range of $9.0 to $20.0, over the past month.
<h3>Nu Holdings 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1715278564_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$3.95</td>
<td>$3.85</td>
<td>$3.94</td>
<td>$10.00</td>
<td>$788.0K</td>
<td>53.4K</td>
<td>2.0K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.99</td>
<td>$1.8</td>
<td>$1.8</td>
<td>$15.00</td>
<td>$180.0K</td>
<td>55.6K</td>
<td>1.0K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$1.1</td>
<td>$1.1</td>
<td>$1.1</td>
<td>$13.00</td>
<td>$110.0K</td>
<td>2.7K</td>
<td>0</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$2.08</td>
<td>$2.07</td>
<td>$2.08</td>
<td>$10.00</td>
<td>$84.4K</td>
<td>23.2K</td>
<td>85</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$0.81</td>
<td>$0.79</td>
<td>$0.8</td>
<td>$20.00</td>
<td>$80.0K</td>
<td>6.3K</td>
<td>1.0K</td>
</tr>
</tbody>
</table>

<h3>About Nu Holdings</h3>
Nu Holdings Ltd 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.
<h3>Current Position of Nu Holdings</h3>
<ul>
<li>With a volume of 10,787,711, the price of NU is down -0.42% at $11.95. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 5 days.</li>
</ul>
<h3>What Analysts Are Saying About Nu Holdings</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $13.0.
<ul>
<li>Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Nu Holdings, targeting a price of $13. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Nu Holdings, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Nu Holdings's Options: A Look at What the Big Money is Thinking

At the Berkshire Hathaway (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) annual shareholder meeting, Warren Buffett&#8216;s cautionary remarks about artificial intelligence (AI) contrast with his portfolio&#8217;s strategic investments in <a href="https://www.benzinga.com/topic/artificial-intelligence">AI-focused companies</a>.
Buffett <a href="https://edition.cnn.com/2024/05/06/investing/warren-buffett-compares-ai-nuclear-weapons/index.html">likened</a> AI to nuclear weapons, expressing concerns about its potential dangers. Despite acknowledging AI&#8217;s potential for good, Buffett highlighted the risks of deep fakes and scams.
And yet, Berkshire Hathaway has investments in AI-focused companies. 
Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Snowflake Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), and Nu Holdings Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) are among the tech giants in Buffett&#8217;s portfolio. Each company embraces AI&#8217;s potential. 
Buffett&#8217;s cautionary stance and his portfolio&#8217;s strategic AI investments reflect a balanced approach to the evolving technology landscape.
Related: <a href="https://www.benzinga.com//node/38670688">Apple Stock Is Getting A Boost From AI Today: What&#8217;s Going On?</a>
<h3 class="wp-block-heading">Berkshire Hathaway&#8217;s Portfolio AI Plays</h3>
Apple: Apple&#8217;s venture into AI extends beyond its renowned consumer devices. The tech giant is developing AI chips designed to enhance the performance of AI software in data center servers. Known internally as Project ACDC (Apple Chips in Data Center), this initiative aims to position Apple at the forefront of the AI arms race.
By leveraging its expertise in chip design, Apple seeks to revolutionize data processing and AI capabilities in server environments. Apple stock commands 50% of the Berkshire Hathaway portfolio.
Snowflake: The cloud data warehousing firm is making waves in the AI arena. It introduced Snowflake Arctic, <a href="https://www.benzinga.com/pressreleases/24/04/b38403455/snowflake-launches-arctic-the-most-open-enterprise-grade-large-language-model">its large language model</a> (LLM) that&#8217;s set to rival industry giants like OpenAI and Google.
Snowflake&#8217;s innovative &#8220;mixture of experts&#8221; architecture enhances its AI model&#8217;s performance. This makes it suitable for a wide range of enterprise applications. This strategic move underscores Snowflake&#8217;s commitment to advancing AI capabilities and providing cutting-edge solutions for its customers. Snowflake stock commands <a href="https://whalewisdom.com/filer/berkshire-hathaway-inc">0.35</a>% of the Berkshire Hathaway&#8217;s portfolio.
Nubank: The Latin American fintech company touts approximately 94 million customers. It&#8217;s also harnessing AI to improve customer service and drive growth. <a href="https://international.nubank.com.br/company/nubank-cto-talks-about-ai-applications-on-nu-videocast/">Nu Videocast</a>, a new format introduced by Nubank, features in-depth interviews with company leaders on strategic AI topics.
Nubank CTO Vitor Olivier, emphasizes AI&#8217;s role in the company&#8217;s DNA, particularly in enhancing customer service. With AI&#8217;s assistance, Nubank has achieved positive results in response time and problem resolution rates. Nubank&#8217;s strategic use of AI highlights its commitment to innovation and customer-centric solutions. Nu Holdings stock commands 0.26% of the Berkshire Hathaway&#8217;s portfolio.
As these companies continue to innovate AI, Buffett&#8217;s investments position Berkshire Hathaway to benefit from the evolution of AI technology.
Read Next: <a href="https://www.benzinga.com/personal-finance/24/05/38673045/warren-buffett-compares-ai-to-atomic-bomb-warning-of-enormous-potential-for-harm-like-an-evil-ge">Warren Buffett Compares AI To Atomic Bomb, Warns Of &#8216;Enormous&#8217; Potential For Harm</a>

Warren Buffett's AI Concerns Vs. Portfolio Potential: Berkshire's 3 AI Plays

Keybanc analyst Alex Markgraff maintains Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) with a Overweight and raises the price target from $12 to $13.

Price Target

Analyst Ratings

Keybanc Maintains Overweight on Nu Holdings, Raises Price Target to $13

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$370.00</td>
<td>$107.1K</td>
<td>1.8K</td>
<td>1.8K</td>
</tr>
<tr>
<td>NU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$10.00</td>
<td>$46.9K</td>
<td>2.6K</td>
<td>1.8K</td>
</tr>
<tr>
<td>IBKR</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$105.00</td>
<td>$60.0K</td>
<td>117</td>
<td>829</td>
</tr>
<tr>
<td>GL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/17/24</td>
<td>$65.00</td>
<td>$27.2K</td>
<td>1.1K</td>
<td>591</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$210.00</td>
<td>$25.3K</td>
<td>369</td>
<td>433</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$55.00</td>
<td>$27.3K</td>
<td>27.3K</td>
<td>418</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/21/24</td>
<td>$220.00</td>
<td>$27.1K</td>
<td>1.0K</td>
<td>270</td>
</tr>
<tr>
<td>UBS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$25.00</td>
<td>$26.2K</td>
<td>1.5K</td>
<td>245</td>
</tr>
<tr>
<td>SQ</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$85.00</td>
<td>$75.7K</td>
<td>10.9K</td>
<td>124</td>
</tr>
<tr>
<td>WAL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$60.00</td>
<td>$38.6K</td>
<td>228</td>
<td>89</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on April 19, 2024. This event was a transfer of 32 contract(s) at a $370.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $107.1K, with a price of $3350.0 per contract. There were 1828 open contracts at this strike prior to today, and today 1835 contract(s) were bought and sold. 
• For NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we notice a put option sweep that happens to be bullish, expiring in 29 day(s) on May 17, 2024. This event was a transfer of 1807 contract(s) at a $10.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $46.9K, with a price of $26.0 per contract. There were 2649 open contracts at this strike prior to today, and today 1820 contract(s) were bought and sold. 
• Regarding IBKR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>), we observe a put option sweep with bearish sentiment. It expires in 29 day(s) on May 17, 2024. Parties traded 500 contract(s) at a $105.00 strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $60.0K, with a price of $120.0 per contract. There were 117 open contracts at this strike prior to today, and today 829 contract(s) were bought and sold. 
• For GL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GL#NYSE">GL</a>), we notice a call option trade that happens to be bullish, expiring in 29 day(s) on May 17, 2024. This event was a transfer of 47 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $27.2K, with a price of $580.0 per contract. There were 1184 open contracts at this strike prior to today, and today 591 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option trade that happens to be bullish, expiring in 428 day(s) on June 20, 2025. This event was a transfer of 3 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $25.3K, with a price of $8450.0 per contract. There were 369 open contracts at this strike prior to today, and today 433 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a put option sweep with bullish sentiment. It expires in 64 day(s) on June 21, 2024. Parties traded 242 contract(s) at a $55.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.3K, with a price of $113.0 per contract. There were 27356 open contracts at this strike prior to today, and today 418 contract(s) were bought and sold. 
• For AXP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), we notice a call option sweep that happens to be bullish, expiring in 64 day(s) on June 21, 2024. This event was a transfer of 25 contract(s) at a $220.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $1085.0 per contract. There were 1025 open contracts at this strike prior to today, and today 270 contract(s) were bought and sold. 
• Regarding UBS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>), we observe a put option sweep with bullish sentiment. It expires in 274 day(s) on January 17, 2025. Parties traded 200 contract(s) at a $25.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $131.0 per contract. There were 1514 open contracts at this strike prior to today, and today 245 contract(s) were bought and sold. 
• Regarding SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we observe a call option sweep with bearish sentiment. It expires in 29 day(s) on May 17, 2024. Parties traded 473 contract(s) at a $85.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $75.7K, with a price of $160.0 per contract. There were 10994 open contracts at this strike prior to today, and today 124 contract(s) were bought and sold. 
• For WAL (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WAL#NYSE">WAL</a>), we notice a call option trade that happens to be bearish, expiring in 274 day(s) on January 17, 2025. This event was a transfer of 49 contract(s) at a $60.00 strike. The total cost received by the writing party (or parties) was $38.6K, with a price of $788.0 per contract. There were 228 open contracts at this strike prior to today, and today 89 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

IBKR

10 Financials Stocks Whale Activity In Today's Session

WIIM

BENF

Bakkt Holdings, Inc. Class A Common Stock

BKKT

EHTH

GGAL

HOOD

INTR

ITUB

MDBH

RELI

SUPV

UPST

Shares of companies within the broader financial sector are trading lower amid overall market weakness, offsetting strong bank earnings.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$175.0K</td>
<td>8.3K</td>
<td>2.5K</td>
</tr>
<tr>
<td>FOUR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$67.50</td>
<td>$1.3 million</td>
<td>1.7K</td>
<td>2.0K</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$57.50</td>
<td>$81.6K</td>
<td>4.2K</td>
<td>1.1K</td>
</tr>
<tr>
<td>AMRK</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$40.00</td>
<td>$53.3K</td>
<td>739</td>
<td>831</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$35.00</td>
<td>$116.2K</td>
<td>43.8K</td>
<td>617</td>
</tr>
<tr>
<td>BX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$120.00</td>
<td>$57.6K</td>
<td>2.5K</td>
<td>603</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>04/12/24</td>
<td>$245.00</td>
<td>$42.1K</td>
<td>421</td>
<td>515</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$20.00</td>
<td>$27.0K</td>
<td>14.0K</td>
<td>264</td>
</tr>
<tr>
<td>AXP</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$220.00</td>
<td>$31.4K</td>
<td>1.9K</td>
<td>261</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$15.00</td>
<td>$26.4K</td>
<td>446</td>
<td>241</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we notice a put option trade that happens to be bullish, expiring in 284 day(s) on January 17, 2025. This event was a transfer of 2500 contract(s) at a $10.00 strike. The total cost received by the writing party (or parties) was $175.0K, with a price of $70.0 per contract. There were 8322 open contracts at this strike prior to today, and today 2500 contract(s) were bought and sold. 
• For FOUR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOUR#NYSE">FOUR</a>), we notice a put option trade that happens to be bearish, expiring in 74 day(s) on June 21, 2024. This event was a transfer of 2000 contract(s) at a $67.50 strike. The total cost received by the writing party (or parties) was $1.3 million, with a price of $663.0 per contract. There were 1781 open contracts at this strike prior to today, and today 2000 contract(s) were bought and sold. 
• Regarding WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we observe a put option trade with bearish sentiment. It expires in 284 day(s) on January 17, 2025. Parties traded 170 contract(s) at a $57.50 strike. The total cost received by the writing party (or parties) was $81.6K, with a price of $480.0 per contract. There were 4221 open contracts at this strike prior to today, and today 1134 contract(s) were bought and sold. 
• Regarding AMRK (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMRK#NASDAQ">AMRK</a>), we observe a call option sweep with bullish sentiment. It expires in 165 day(s) on September 20, 2024. Parties traded 124 contract(s) at a $40.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $53.3K, with a price of $430.0 per contract. There were 739 open contracts at this strike prior to today, and today 831 contract(s) were bought and sold. 
• For BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we notice a put option trade that happens to be bullish, expiring in 284 day(s) on January 17, 2025. This event was a transfer of 570 contract(s) at a $35.00 strike. The total cost received by the writing party (or parties) was $116.2K, with a price of $204.0 per contract. There were 43899 open contracts at this strike prior to today, and today 617 contract(s) were bought and sold. 
• Regarding BX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), we observe a put option trade with bearish sentiment. It expires in 284 day(s) on January 17, 2025. Parties traded 61 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $57.6K, with a price of $945.0 per contract. There were 2596 open contracts at this strike prior to today, and today 603 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on April 12, 2024. This event was a transfer of 25 contract(s) at a $245.00 strike. The total cost received by the writing party (or parties) was $42.1K, with a price of $1687.0 per contract. There were 421 open contracts at this strike prior to today, and today 515 contract(s) were bought and sold. 
• Regarding HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we observe a call option sweep with bearish sentiment. It expires in 130 day(s) on August 16, 2024. Parties traded 100 contract(s) at a $20.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $270.0 per contract. There were 14037 open contracts at this strike prior to today, and today 264 contract(s) were bought and sold. 
• Regarding AXP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), we observe a put option trade with bearish sentiment. It expires in 11 day(s) on April 19, 2024. Parties traded 67 contract(s) at a $220.00 strike. The total cost received by the writing party (or parties) was $31.4K, with a price of $470.0 per contract. There were 1977 open contracts at this strike prior to today, and today 261 contract(s) were bought and sold. 
• For SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we notice a call option trade that happens to be bearish, expiring in 529 day(s) on September 19, 2025. This event was a transfer of 240 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $26.4K, with a price of $110.0 per contract. There were 446 open contracts at this strike prior to today, and today 241 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AMRK

FOUR

SOFI

10 Financials Stocks With Whale Alerts In Today's Session

<a href="https://international.nubank.com.br/consumers/nubank-ultravioleta-enters-the-travel-segment-with-the-launch-of-global-account-for-customers/" title="https://international.nubank.com.br/consumers/nubank-ultravioleta-enters-the-travel-segment-with-the-launch-of-global-account-for-customers/">https://international.nubank.com.br/consumers/nubank-ultravioleta-enters-the-travel-segment-with-the-launch-of-global-account-for-customers/</a>

Nubank Ultravioleta Launches Global Account For Customers

Nu Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) short percent of float has risen 26.45% since its last report. The company recently reported that it has 60.48 million shares sold short, which is 1.96% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.75 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Nu Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1711552512_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Nu Holdings has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Nu Holdings's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Nu Holdings's peer group average for short interest as a percentage of float is 0.72%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

(NU) - Analyzing Nu Holdings's Short Interest

Investors with a lot of money to spend have taken a bullish stance on Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>).
And retail traders should know.
We noticed this today when the positions 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.
Today, Benzinga's options scanner spotted 8 options trades for Nu Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 62% bullish and 37%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $55,000, and 7, calls, for a total amount of $206,974.
<h3>Projected Price Targets</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $16.0 for Nu Holdings over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Nu Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Nu Holdings's substantial trades, within a strike price spectrum from $10.0 to $16.0 over the preceding 30 days.
<h3>Nu Holdings Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1710953162_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>06/21/24</td>
<td>$11.00</td>
<td>$55.0K</td>
<td>2.8K</td>
<td>1.3K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$32.9K</td>
<td>10.8K</td>
<td>205</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.00</td>
<td>$32.9K</td>
<td>17.8K</td>
<td>612</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$32.5K</td>
<td>10.8K</td>
<td>104</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/19/24</td>
<td>$12.50</td>
<td>$30.0K</td>
<td>11</td>
<td>1.2K</td>
</tr>
</tbody>
</table>

<h3>About Nu Holdings</h3>
Nu Holdings Ltd 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.
Following our analysis of the options activities associated with Nu Holdings, we pivot to a closer look at the company's own performance.
<h3>Where Is Nu Holdings Standing Right Now?</h3>
<ul>
<li>With a trading volume of 18,782,807, the price of NU is down by -0.51%, reaching $11.79.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 54 days from now.</li>
</ul>
<h3>Professional Analyst Ratings for Nu Holdings</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $12.0.
<ul>
<li>Consistent in their evaluation, an analyst from Susquehanna keeps a Positive rating on Nu Holdings with a target price of $12. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Nu Holdings, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

A Closer Look at Nu Holdings's Options Market Dynamics

On Tuesday, Cathie Wood-led Ark Invest made a significant move by offloading a substantial number of shares in Coinbase Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), despite Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reaching new all-time highs recently.
The COIN Trade
On Wednesday, Ark Invest sold a total of 106,000 Coinbase shares through flagship ARK Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#NYSE">ARKK</a>), ARK Next Generation Internet ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#NYSE">ARKW</a>), and Ark Fintech Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#NYSE">ARKF</a>). The transaction was valued at $27.15 million. Coinbase shares closed 0.8% higher at $256.14 for the day.
Interestingly, the sell-off came as Bitcoin charted new <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37605087/even-as-bitcoin-charts-new-all-time-highs-cathie-woods-ark-invest-keeps-selling-coinbase-s">all-time highs</a> reaching $72,953.72 this week. However, Coinbase shares were volatile on Tuesday following the company&#8217;s announcement of a proposed private offering. Coinbase intended to offer $1 billion worth of Convertible Senior Notes due 2030 in a <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37636682/coinbase-stock-is-moving-lower-whats-going-on">private offering</a> to institutional buyers.
Ark sold $68.7 million worth of Coinbase shares a day prior. Despite the continuous selling of shares from the cryptocurrency platform in recent days, Coinbase maintains its position as the top holding across all 126 Ark Invest ETF holdings, by weight.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37580922/bitcoin-blasts-past-70-000-ethereum-breaks-4k-barrier-whats-driving-crypto-higher?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Bitcoin Blasts Past $70,000, Ethereum Breaks $4K Barrier: What&#8217;s Driving Crypto Higher?</a> 
Other Key Trades:
<ul>
<li>Ark Invest bought shares of Sea Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SE#NYSE">SE</a>). The firm also purchased the stock of NU Holdings Ltd/Cayman Isl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>). </li>
<li>Ark Invest added shares of Pinterest Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PINS#NYSE">PINS</a>) to its portfolio. The company sold shares of CRISPR Therapeutics AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRSP#NASDAQ">CRSP</a>). </li>
<li>Ark Invest purchased shares of Moderna Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>).</li>
</ul>
Photo courtesy Benzinga YouTube and Unsplash
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37579395/crypto-community-lost-staggering-104m-in-bitcoin-dogecoin-shiba-inu-phishing-scams-in-2024?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Crypto Community Lost Staggering $104M In Bitcoin, Dogecoin, Shiba Inu Phishing Scams In 2024: Ethereum Users Hit The Hardest</a>
<div style="font-family: 'Lato', sans-serif">
<div>
<hr style="border: 0;height: 5px;background: #225aa9" />
<div style="background-color: #f5f5f5;background-position: center;background-size: cover;justify-content: center"></div>

 Engineered by Benzinga Neuro, Edited by 
 <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Shivdeep Dhaliwal</a> 
 
 
<hr style="border: 0;height: 1px;background: #225aa9" />

 The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. 
 <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noopener" style="color: #225aa9;text-decoration: none">Learn more.</a>
 
<hr style="border: 0;height: 5px;background: #225aa9" />
 </div>
</div>

Cathie Wood's Ark Invest Keeps Dumping Coinbase Shares Amid Bitcoin, Crypto Buzz

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SOFI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/15/24</td>
<td>$7.50</td>
<td>$51.0K</td>
<td>12.4K</td>
<td>10.3K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/15/24</td>
<td>$55.00</td>
<td>$38.2K</td>
<td>60.0K</td>
<td>9.1K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/15/24</td>
<td>$300.00</td>
<td>$53.0K</td>
<td>6.0K</td>
<td>7.5K</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/15/24</td>
<td>$36.00</td>
<td>$67.5K</td>
<td>1.8K</td>
<td>1.2K</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/22/24</td>
<td>$180.00</td>
<td>$25.7K</td>
<td>976</td>
<td>1.0K</td>
</tr>
<tr>
<td>ARCC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.00</td>
<td>$351.4K</td>
<td>0</td>
<td>400</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$57.50</td>
<td>$103.7K</td>
<td>650</td>
<td>335</td>
</tr>
<tr>
<td>MS</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$85.00</td>
<td>$44.2K</td>
<td>1.5K</td>
<td>317</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$10.00</td>
<td>$28.4K</td>
<td>9.8K</td>
<td>208</td>
</tr>
<tr>
<td>ROOT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/19/24</td>
<td>$40.00</td>
<td>$27.0K</td>
<td>180</td>
<td>126</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we notice a put option sweep that happens to be bearish, expiring in 4 day(s) on March 15, 2024. This event was a transfer of 3900 contract(s) at a $7.50 strike. This particular put needed to be split into 67 different trades to become filled. The total cost received by the writing party (or parties) was $51.0K, with a price of $13.0 per contract. There were 12424 open contracts at this strike prior to today, and today 10302 contract(s) were bought and sold. 
• For C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we notice a call option trade that happens to be bullish, expiring in 4 day(s) on March 15, 2024. This event was a transfer of 150 contract(s) at a $55.00 strike. The total cost received by the writing party (or parties) was $38.2K, with a price of $255.0 per contract. There were 60088 open contracts at this strike prior to today, and today 9183 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option trade with bullish sentiment. It expires in 4 day(s) on March 15, 2024. Parties traded 100 contract(s) at a $300.00 strike. The total cost received by the writing party (or parties) was $53.0K, with a price of $530.0 per contract. There were 6016 open contracts at this strike prior to today, and today 7505 contract(s) were bought and sold. 
• Regarding BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we observe a put option sweep with bearish sentiment. It expires in 4 day(s) on March 15, 2024. Parties traded 1250 contract(s) at a $36.00 strike. This particular put needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $67.5K, with a price of $54.0 per contract. There were 1823 open contracts at this strike prior to today, and today 1278 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a put option sweep that happens to be bullish, expiring in 11 day(s) on March 22, 2024. This event was a transfer of 572 contract(s) at a $180.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $25.7K, with a price of $45.0 per contract. There were 976 open contracts at this strike prior to today, and today 1050 contract(s) were bought and sold. 
• For ARCC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARCC#NASDAQ">ARCC</a>), we notice a call option trade that happens to be bullish, expiring in 312 day(s) on January 17, 2025. This event was a transfer of 200 contract(s) at a $3.00 strike. The total cost received by the writing party (or parties) was $351.4K, with a price of $1757.0 per contract. There were 0 open contracts at this strike prior to today, and today 400 contract(s) were bought and sold. 
• For WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we notice a call option sweep that happens to be bullish, expiring in 284 day(s) on December 20, 2024. This event was a transfer of 182 contract(s) at a $57.50 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $103.7K, with a price of $570.0 per contract. There were 650 open contracts at this strike prior to today, and today 335 contract(s) were bought and sold. 
• Regarding MS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), we observe a put option sweep with bearish sentiment. It expires in 67 day(s) on May 17, 2024. Parties traded 150 contract(s) at a $85.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $44.2K, with a price of $295.0 per contract. There were 1513 open contracts at this strike prior to today, and today 317 contract(s) were bought and sold. 
• For NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we notice a call option sweep that happens to be bullish, expiring in 312 day(s) on January 17, 2025. This event was a transfer of 100 contract(s) at a $10.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $28.4K, with a price of $284.0 per contract. There were 9866 open contracts at this strike prior to today, and today 208 contract(s) were bought and sold. 
• For ROOT (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROOT#NASDAQ">ROOT</a>), we notice a put option sweep that happens to be bullish, expiring in 39 day(s) on April 19, 2024. This event was a transfer of 52 contract(s) at a $40.00 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $27.0K, with a price of $520.0 per contract. There were 180 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ARCC

ROOT

Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) is one of the largest companies in the world.
The firm&#8217;s longtime CEO, Warren Buffett, conducted countless acquisitions and investments over the years, achieving legendary status as one of the greatest investors <a href="https://www.benzinga.com/general/movers-shakers/21/08/17298128/warren-buffett-turns-91-a-highlight-for-each-decade-of-his-life-1">of a generation.</a>
One sector that Buffett has mostly avoided is cryptocurrency. Here's a look at Buffett's thoughts on cryptocurrency and how investors may have wanted to avoid the Oracle of Omaha's advice in this particular case.
What Happened: Leading cryptocurrency Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) recently<a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37473276/bitcoin-nears-69k-on-verge-of-touching-all-time-high-ethereum-dogecoin-on-a-tear-analyst-p"> hit new all-time highs</a>, soaring above the $69,000 level on March 5.
Investors in the cryptocurrency have celebrated the move, which comes on the heels of <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36514679/wall-street-enters-the-crypto-age-sec-issues-historic-approval-of-spot-bitcoin-etfs">Bitcoin ETFs being approved </a>in early 2024.
One person likely not celebrating the move is Buffett, who is among<a href="https://www.benzinga.com/markets/cryptocurrency/22/04/26538722/warren-buffett-is-bitcoin-enemy-no-1-a-sociopathic-grandpa-from-omaha-says-peter-thiel"> the leading vocal critics </a>of the cryptocurrency sector.
Buffett's bearish take on Bitcoin led him to being labeled as Bitcoin enemy number one by entrepreneur Peter Thiel previously.
Trending: Bitcoin To $100,000? <a href="https://www.benzinga.com/money/bydfi-btc-100k" target="_blank" rel="noreferrer noopener">Here&#8217;s what gold bug Peter Schiff said could happen on Anthony Pompliano&#8217;s podcast.</a>
In January 2018, Buffett warned investors about investing in cryptocurrency.
"In terms of cryptocurrencies, generally, I can say with almost certainty that they come with a bad ending," Buffett said at the time. "If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it but I would never short a dime's worth."
A few months later, Buffett took his feelings on Bitcoin further during an interview with <a href="https://www.cnbc.com/2018/05/05/warren-buffett-says-bitcoin-is-probably-rat-poison-squared.html">CNBC</a>.
Buffett also reiterated the thoughts of the late Berkshire Vice Chairman Charlie Munger that Bitcoin is "rat poison." He later told CNBC anchor Becky Quick that cryptocurrency is "probably rat poison squared."
Buffett had said that he wouldn't buy Bitcoin even if it dropped to $25.
The legendary investor has not bought cryptocurrencies directly and continues to speak out against the sector. <a href="https://www.benzinga.com/markets/cryptocurrency/22/05/27208096/warren-buffett-now-owns-bitcoin-heres-how-the-oracle-of-omaha-got-exposure-3">Benzinga previously reported</a> that Buffett and Berkshire are shareholders in Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), a crypto-friendly digital bank in Brazil. Nu Holdings has also launched several cryptocurrency products.
Nu Holdings also said previously it would allocate a portion of its cash to Bitcoin.
At the time of writing, Bitcoin has a market capitalization of $1.31 trillion. Berkshire Hathaway is valued at around $868 billion. Bitcoin is currently worth more than Buffett's company.
Here's a look at how investors in Bitcoin would have done since Buffett's comments.
Related Link: <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37498047/exclusive-bitcoin-hits-new-all-time-high-heres-when-benzinga-readers-think-100k-milestone-">EXCLUSIVE: Bitcoin Hits New All-Time High: Here&#8217;s When Benzinga Readers Think $100K Milestone Could Be Reached</a>
Investing $1,000 in Bitcoin: While Buffett said he wouldn't invest in Bitcoin and used the "rat poison squared" comparison, others may have disagreed and chosen to allocate a portion of their investments or holdings in the leading cryptocurrency.
Bitcoin traded between $9,695.12 and $9,964.50 on May 5, 2018 – the day of Buffett's "rat poison squared" comment.
An investor could have purchased 0.1004 BTC at the coin's high price of that day.
The $1,000 investment would be worth $6,703.66 today, based on a price of $66,769.55 for Bitcoin at the time of writing. This represents a return of 570.4% since Buffett's comments.
For comparison, a $1,000 investment in Berkshire Hathaway could have bought 0.0034 BRK-A shares at the same time. The $1,000 investment would be worth $2,055.70 today, up 105.6%.
A $1,000 investment in the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 Index, could have bought 3.75 shares of the popular ETF at the time of Buffett's comments. The $1,000 investment would be worth $1,914.79 today, up 91.5%.
As investors can see, Bitcoin has outperformed both the S&amp;P 500 and Berkshire Hathaway since Buffett's now famous quote about the leading cryptocurrency.
Buffett has said he wouldn't touch Bitcoin even if it hit $25 per coin. However, those who bought the apex crypto when the legendary investor made his statement would be glad that they did.
Read Next: <a href="https://www.benzinga.com/markets/cryptocurrency/23/09/35005507/exclusive-yusko-calls-out-warren-buffett-the-reason-warren-wants-to-p-on-bitcoin-is">EXCLUSIVE: Yusko Calls Out Warren Buffett, &#8216;The Reason Warren Wants To P&#8212; On Bitcoin Is&#8230;&#8217;</a>
This story was previously published on Benzinga and has been updated.
Image: Flickr

If You Invested $1,000 In Bitcoin When Warren Buffett Called It 'Rat Poison Squared,' Here's How Much You'd Have Today

Nu Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) short percent of float has risen 26.45% since its last report. The company recently reported that it has 60.48 million shares sold short, which is 1.96% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.75 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Nu Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1709657115_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Nu Holdings has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Nu Holdings's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Nu Holdings's peer group average for short interest as a percentage of float is 0.73%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Peering Into Nu Holdings's Recent Short Interest

Nu Holdings shares are trading lower after the company reported mixed Q4 financial results.

Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) reported quarterly earnings of $0.07 per share which missed the analyst consensus estimate of $0.08 by 7.5 percent. This is a 270 percent increase over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $2.40 billion which beat the analyst consensus estimate of $2.22 billion by 8.33 percent. This is a 65.75 percent increase over sales of $1.45 billion the same period last year.

Earnings

Earnings Beats

Earnings Misses

Nu Holdings Q4 EPS $0.07 Misses $0.08 Estimate, Sales $2.40B Beat $2.22B Estimate

Nu Holdings Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) reported fourth-quarter financial results Thursday after the market close. Here&#8217;s a look at the <a href="https://www.benzinga.com/pressreleases/24/02/b37271882/nu-holdings-ltd-reports-fourth-quarter-and-full-year-2023-financial-results">key metrics from the quarter</a>. 
What To Know: Nu Holdings reported fourth-quarter revenue of $2.4 billion, up 57% compared to the prior year&#8217;s quarter. The company reported fourth-quarter net income of $360.9 million.
Nu Holdings said it added 4.8 million customers in the fourth quarter, bringing total customers up to 93.9 million as of Dec. 31. Monthly average revenue per active customer increased 23% year-over-year to&nbsp;$10.60.
Nu holdings said total deposits increased 38% year-over-year to $23.7 billion. The Brazilian bank ended the quarter with $8.2 billion in its interest-earning portfolio. 
&#8220;As we work towards surpassing the 100 million customers milestone in 2024, we are investing heavily in new growth avenues to keep transforming potential into profit,&#8221; said David Vélez, founder and CEO of Nubank.
&#8220;We are unlocking the untapped opportunity of our secured and unsecured lending portfolio, gaining share in the upmarket segment in Brazil, and strengthening our presence in Mexico and Colombia with new products and features.&#8221;
It&#8217;s worth noting that Berkshire Hathaway co-founder, chairman and CEO Warren Buffett maintains a stake in Nu Holdings. 
Management will hold a conference call to discuss these results at 5 p.m. ET.
From Last Month: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/01/36550880/i-think-you-have-a-winner-and-it-is-just-on-fire-jim-cramer-on-this-brazilian-stock">&#8216;I Think You Have A Winner, And It Is Just On Fire&#8217;: Jim Cramer On This Brazilian Stock</a>
NU Price Action: <a href="https://www.benzinga.com/quote/NU">Nu Holdings shares</a> were down 5.31% at $9.80 after-hours Thursday at publication, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: 3844328 from Pixabay.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Nu Holdings Stock (NYSE:NU), Short Interest Report

People Also Watch