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 13 trades.
If we consider the specifics of each trade, it is accurate to state that 61% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $112,446 and 10, calls, for a total amount of $552,635.
Projected Price Targets
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $20.0 to $30.0 for Affirm Holdings over the last 3 months.
Insights into Volume & Open Interest
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 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 activity within a strike price range from $20.0 to $30.0 in the last 30 days.
Affirm Holdings Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AFRM | CALL | SWEEP | BULLISH | 09/20/24 | $2.61 | $2.52 | $2.6 | $30.00 | $168.0K | 3.1K | 925 |
| AFRM | CALL | SWEEP | BULLISH | 10/18/24 | $9.2 | $9.1 | $9.2 | $20.00 | $91.9K | 45 | 201 |
| AFRM | CALL | TRADE | BEARISH | 09/20/24 | $5.95 | $5.0 | $5.25 | $25.00 | $74.0K | 1.1K | 141 |
| AFRM | PUT | SWEEP | BULLISH | 06/20/25 | $7.1 | $7.05 | $7.05 | $27.50 | $42.3K | 113 | 60 |
| AFRM | PUT | SWEEP | BULLISH | 08/09/24 | $1.5 | $1.49 | $1.5 | $28.00 | $41.8K | 777 | 1.1K |
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.
After a thorough review of the options trading surrounding Affirm Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Affirm Holdings
- Currently trading with a volume of 6,313,368, the AFRM's price is up by 2.22%, now at $27.43.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 23 days.
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 Affirm 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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