Financial giants have made a conspicuous bearish move on Fair Isaac. Our analysis of options history for Fair Isaac FICO revealed 9 unusual trades.
Delving into the details, we found 22% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $64,340, and 7 were calls, valued at $223,192.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $1700.0 to $2300.0 for Fair Isaac during the past quarter.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Fair Isaac's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Fair Isaac's significant trades, within a strike price range of $1700.0 to $2300.0, over the past month.
Fair Isaac 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FICO | PUT | SWEEP | BULLISH | 10/18/24 | $14.9 | $7.0 | $9.46 | $2060.00 | $37.8K | 1 | 40 |
| FICO | CALL | TRADE | BEARISH | 10/18/24 | $378.0 | $373.0 | $373.0 | $1700.00 | $37.3K | 2 | 0 |
| FICO | CALL | TRADE | NEUTRAL | 12/20/24 | $354.0 | $344.8 | $350.0 | $1800.00 | $35.0K | 16 | 1 |
| FICO | CALL | TRADE | BEARISH | 12/20/24 | $321.5 | $318.0 | $318.0 | $1840.00 | $31.8K | 10 | 0 |
| FICO | CALL | TRADE | NEUTRAL | 12/20/24 | $161.0 | $152.2 | $156.46 | $2040.00 | $31.2K | 2 | 2 |
About Fair Isaac
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer services. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.
Fair Isaac's Current Market Status
- Trading volume stands at 42,964, with FICO's price down by 0.0%, positioned at $2068.91.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 22 days.
What Analysts Are Saying About Fair Isaac
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $2134.75.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for Fair Isaac, targeting a price of $2109. * Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Fair Isaac, targeting a price of $2130. * In a cautious move, an analyst from UBS downgraded its rating to Neutral, setting a price target of $2100. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Fair Isaac, targeting a price of $2200.
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 Fair Isaac, 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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