Deep-pocketed investors have adopted a bearish approach towards Nu Holdings NU, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in NU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Nu Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 9% leaning bullish and 81% bearish. Among these notable options, 6 are puts, totaling $355,411, and 5 are calls, amounting to $183,460.
What's The Price Target?
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $11.0 to $17.0 for Nu Holdings during the past quarter.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Nu Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Nu Holdings's substantial trades, within a strike price spectrum from $11.0 to $17.0 over the preceding 30 days.
Nu Holdings Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NU | PUT | SWEEP | BEARISH | 02/21/25 | $3.95 | $3.65 | $3.95 | $16.00 | $112.5K | 346 | 0 |
| NU | PUT | SWEEP | BEARISH | 02/21/25 | $3.9 | $3.8 | $3.9 | $16.00 | $94.7K | 346 | 289 |
| NU | CALL | SWEEP | BEARISH | 01/17/25 | $0.93 | $0.91 | $0.91 | $14.00 | $45.5K | 10.8K | 14 |
| NU | CALL | SWEEP | BEARISH | 07/19/24 | $0.39 | $0.38 | $0.38 | $12.50 | $45.4K | 1.3K | 549 |
| NU | PUT | SWEEP | BEARISH | 02/21/25 | $3.85 | $3.75 | $3.85 | $16.00 | $41.9K | 346 | 646 |
About Nu Holdings
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.
Current Position of Nu Holdings
- Trading volume stands at 19,466,764, with NU's price up by 0.25%, positioned at $11.89.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 49 days.
Professional Analyst Ratings for Nu Holdings
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $15.2.
- An analyst from Jefferies persists with their Buy rating on Nu Holdings, maintaining a target price of $15.
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 Nu Holdings 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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