Whales with a lot of money to spend have taken a noticeably bearish stance on Affirm Holdings.
Looking at options history for Affirm Holdings AFRM we detected 27 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.
From the overall spotted trades, 10 are puts, for a total amount of $476,325 and 17, calls, for a total amount of $1,007,203.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $35.0 to $75.0 for Affirm Holdings during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Affirm Holdings options trades today is 1251.67 with a total volume of 8,052.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Affirm Holdings's big money trades within a strike price range of $35.0 to $75.0 over the last 30 days.
Affirm Holdings Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AFRM | CALL | SWEEP | BEARISH | 03/15/24 | $40.00 | $99.7K | 1.6K | 324 |
| AFRM | CALL | SWEEP | BULLISH | 06/21/24 | $75.00 | $96.0K | 376 | 1.4K |
| AFRM | CALL | SWEEP | BEARISH | 06/21/24 | $75.00 | $94.1K | 376 | 0 |
| AFRM | CALL | TRADE | BEARISH | 06/21/24 | $75.00 | $92.4K | 376 | 928 |
| AFRM | PUT | SWEEP | BEARISH | 07/19/24 | $52.50 | $91.2K | 0 | 19 |
About Affirm Holdings
Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a majority share of its revenue from the United States.
Having examined the options trading patterns of Affirm Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Affirm Holdings
- With a volume of 8,925,363, the price of AFRM is down -3.07% at $39.75.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 3 days.
Professional Analyst Ratings for Affirm Holdings
1 market experts have recently issued ratings for this stock, with a consensus target price of $44.0.
- An analyst from BMO Capital downgraded its action to Market Perform with a price target of $44.
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 Affirm Holdings with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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