Whales with a lot of money to spend have taken a noticeably bearish stance on Mastercard.
Looking at options history for Mastercard MA we detected 8 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, 2 are puts, for a total amount of $314,679 and 6, calls, for a total amount of $274,790.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $430.0 to $540.0 for Mastercard during the past quarter.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Mastercard options trades today is 387.14 with a total volume of 59.00.
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 $430.0 to $540.0 over the last 30 days.
Mastercard 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MA | PUT | SWEEP | BEARISH | 06/21/24 | $540.00 | $271.2K | 0 | 0 |
| MA | CALL | TRADE | BULLISH | 09/20/24 | $500.00 | $71.9K | 95 | 0 |
| MA | CALL | SWEEP | BEARISH | 11/15/24 | $430.00 | $56.2K | 14 | 0 |
| MA | CALL | TRADE | BEARISH | 06/20/25 | $460.00 | $46.7K | 14 | 0 |
| MA | CALL | TRADE | BULLISH | 06/21/24 | $500.00 | $45.8K | 615 | 40 |
About Mastercard
Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
After a thorough review of the options trading surrounding Mastercard, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Mastercard
- With a volume of 365,439, the price of MA is up 0.6% at $490.99.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 35 days.
Professional Analyst Ratings for Mastercard
2 market experts have recently issued ratings for this stock, with a consensus target price of $535.0.
- An analyst from Jefferies has decided to maintain their Buy rating on Mastercard, which currently sits at a price target of $540.
- Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Mastercard, targeting a price of $530.
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 Mastercard with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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