Financial giants have made a conspicuous bullish move on Mastercard. Our analysis of options history for Mastercard MA revealed 8 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $172,175, and 5 were calls, valued at $168,955.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $400.0 and $600.0 for Mastercard, spanning the last three months.
Analyzing Volume & Open Interest
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 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 whale trades within a strike price range from $400.0 to $600.0 in the last 30 days.
Mastercard 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MA | PUT | SWEEP | BULLISH | 06/20/25 | $400.00 | $71.3K | 232 | 2 |
| MA | PUT | SWEEP | NEUTRAL | 02/16/24 | $465.00 | $54.7K | 119 | 95 |
| MA | PUT | SWEEP | NEUTRAL | 09/20/24 | $475.00 | $46.0K | 12 | 17 |
| MA | CALL | SWEEP | BULLISH | 06/20/25 | $600.00 | $39.4K | 48 | 23 |
| MA | CALL | SWEEP | BULLISH | 04/19/24 | $465.00 | $38.1K | 350 | 33 |
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.
Following our analysis of the options activities associated with Mastercard, we pivot to a closer look at the company's own performance.
Where Is Mastercard Standing Right Now?
- With a volume of 1,204,086, the price of MA is up 0.04% at $462.1.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 77 days.
Expert Opinions on Mastercard
5 market experts have recently issued ratings for this stock, with a consensus target price of $498.6.
- An analyst from Oppenheimer upgraded its action to Outperform with a price target of $510.
- Maintaining their stance, an analyst from RBC Capital continues to hold a Outperform rating for Mastercard, targeting a price of $499.
- Consistent in their evaluation, an analyst from Raymond James keeps a Outperform rating on Mastercard with a target price of $504.
- An analyst from BMO Capital has decided to maintain their Outperform rating on Mastercard, which currently sits at a price target of $490.
- Maintaining their stance, an analyst from Keybanc continues to hold a Overweight rating for Mastercard, targeting a price of $490.
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 Mastercard, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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