High-rolling investors have positioned themselves bearish on Affirm Holdings AFRM, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in AFRM often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for Affirm Holdings. This is not a typical pattern.
The sentiment among these major traders is split, with 25% bullish and 62% bearish. Among all the options we identified, there was one put, amounting to $31,680, and 7 calls, totaling $326,128.
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 $30.0 to $50.0 for Affirm Holdings during the past quarter.
Insights into 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 Affirm Holdings'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 Affirm Holdings's whale trades within a strike price range from $30.0 to $50.0 in the last 30 days.
Affirm Holdings 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AFRM | CALL | TRADE | BEARISH | 06/20/25 | $7.45 | $6.7 | $6.7 | $40.00 | $67.0K | 706 | 0 |
| AFRM | CALL | SWEEP | BEARISH | 01/16/26 | $9.95 | $9.8 | $9.8 | $37.50 | $54.8K | 110 | 2 |
| AFRM | CALL | TRADE | BULLISH | 07/19/24 | $0.04 | $0.03 | $0.04 | $50.00 | $53.7K | 19.8K | 212 |
| AFRM | CALL | TRADE | NEUTRAL | 11/15/24 | $4.7 | $4.6 | $4.65 | $35.00 | $46.5K | 288 | 0 |
| AFRM | CALL | TRADE | BEARISH | 06/20/25 | $6.75 | $6.6 | $6.6 | $40.00 | $39.6K | 706 | 100 |
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.
Current Position of Affirm Holdings
- Currently trading with a volume of 2,446,592, the AFRM's price is down by -0.83%, now at $31.15.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 56 days.
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 Affirm Holdings options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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