Investors with a lot of money to spend have taken a bearish stance on Mastercard MA.
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 MA, 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 11 uncommon options trades for Mastercard.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 63%, bearish.
Out of all of the special options we uncovered, 4 are puts, for a total amount of $117,696, and 7 are calls, for a total amount of $563,627.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $370.0 and $520.0 for Mastercard, spanning the last three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Mastercard options trades today is 621.5 with a total volume of 273.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Mastercard's big money trades within a strike price range of $370.0 to $520.0 over the last 30 days.
Mastercard Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MA | CALL | SWEEP | BEARISH | 01/16/26 | $520.00 | $314.0K | 363 | 104 |
| MA | CALL | SWEEP | BULLISH | 01/17/25 | $370.00 | $99.1K | 3.1K | 18 |
| MA | CALL | SWEEP | BEARISH | 07/19/24 | $445.00 | $37.1K | 82 | 25 |
| MA | PUT | SWEEP | BULLISH | 10/18/24 | $430.00 | $33.2K | 4 | 17 |
| MA | CALL | SWEEP | BEARISH | 01/17/25 | $460.00 | $31.6K | 1.3K | 55 |
About Mastercard
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
In light of the recent options history for Mastercard, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Mastercard's Current Market Status
- Trading volume stands at 565,756, with MA's price down by -0.87%, positioned at $433.02.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 5 days.
Professional Analyst Ratings for Mastercard
4 market experts have recently issued ratings for this stock, with a consensus target price of $482.25.
- An analyst from Goldman Sachs persists with their Buy rating on Mastercard, maintaining a target price of $482.
- An analyst from Keybanc persists with their Overweight rating on Mastercard, maintaining a target price of $475.
- An analyst from Oppenheimer upgraded its action to Outperform with a price target of $510.
- Consistent in their evaluation, an analyst from Mizuho keeps a Buy rating on Mastercard with a target price of $462.
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 options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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