Whales with a lot of money to spend have taken a noticeably bullish stance on Nu Holdings.
Looking at options history for Nu Holdings NU we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $151,349 and 6, calls, for a total amount of $425,463.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $11.0 and $17.0 for Nu Holdings, spanning the last three months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Nu 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 Nu Holdings's whale activity within a strike price range from $11.0 to $17.0 in the last 30 days.
Nu Holdings Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NU | CALL | SWEEP | BEARISH | 07/19/24 | $2.23 | $2.2 | $2.2 | $11.00 | $110.0K | 24.0K | 1.0K |
| NU | CALL | SWEEP | BULLISH | 07/19/24 | $2.2 | $2.18 | $2.2 | $11.00 | $110.0K | 24.0K | 17 |
| NU | PUT | TRADE | BULLISH | 11/15/24 | $0.37 | $0.34 | $0.35 | $11.00 | $87.5K | 723 | 0 |
| NU | CALL | SWEEP | BEARISH | 07/19/24 | $2.26 | $2.2 | $2.2 | $11.00 | $57.2K | 24.0K | 517 |
| NU | CALL | TRADE | BULLISH | 01/16/26 | $2.35 | $2.31 | $2.35 | $15.00 | $52.8K | 57.6K | 75.0K |
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.
Having examined the options trading patterns of Nu Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Nu Holdings
- With a trading volume of 12,088,126, the price of NU is up by 0.83%, reaching $13.32.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 33 days from now.
What The Experts Say On Nu Holdings
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $15.733333333333333.
- Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Nu Holdings, targeting a price of $17.
- An analyst from Barclays downgraded its action to Overweight with a price target of $15.
- An analyst from Jefferies persists with their Buy rating on Nu Holdings, maintaining a target price of $15.
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 Nu Holdings, 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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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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