Whales with a lot of money to spend have taken a noticeably bullish stance on Affirm Holdings.
Looking at options history for Affirm Holdings AFRM we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 36% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $351,538 and 7, calls, for a total amount of $392,919.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $25.0 to $40.0 for Affirm Holdings over the last 3 months.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Affirm 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 Affirm Holdings's significant trades, within a strike price range of $25.0 to $40.0, over the past month.
Affirm Holdings Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AFRM | PUT | TRADE | BULLISH | 09/20/24 | $2.08 | $1.99 | $2.01 | $25.00 | $251.2K | 1.1K | 1.2K |
| AFRM | CALL | SWEEP | BULLISH | 10/18/24 | $8.65 | $8.6 | $8.65 | $27.50 | $115.9K | 106 | 63 |
| AFRM | CALL | SWEEP | BULLISH | 09/20/24 | $5.65 | $5.2 | $5.6 | $32.50 | $84.5K | 531 | 1 |
| AFRM | CALL | SWEEP | BULLISH | 10/18/24 | $8.65 | $8.55 | $8.65 | $27.50 | $51.0K | 106 | 60 |
| AFRM | CALL | SWEEP | BULLISH | 12/20/24 | $10.05 | $9.95 | $10.05 | $27.50 | $50.2K | 184 | 78 |
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.
Following our analysis of the options activities associated with Affirm Holdings, we pivot to a closer look at the company's own performance.
Current Position of Affirm Holdings
- Trading volume stands at 1,361,327, with AFRM's price down by -2.82%, positioned at $32.1.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 93 days.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
