Investors with a lot of money to spend have taken a bearish stance on Nu Holdings NU.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NU, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 8 uncommon options trades for Nu Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 75%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $98,174, and 6 are calls, for a total amount of $540,938.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $17.0 for Nu Holdings during the past quarter.
Volume & Open Interest Development
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 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 trades within a strike price range from $15.0 to $17.0 in the last 30 days.
Nu 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NU | CALL | TRADE | BEARISH | 12/20/24 | $0.4 | $0.36 | $0.37 | $17.00 | $370.0K | 4.9K | 10.0K |
| NU | PUT | TRADE | BEARISH | 11/15/24 | $0.78 | $0.75 | $0.77 | $15.00 | $62.9K | 3.7K | 1.5K |
| NU | CALL | SWEEP | BULLISH | 11/15/24 | $0.84 | $0.83 | $0.84 | $15.00 | $41.9K | 22.7K | 1.6K |
| NU | CALL | SWEEP | BEARISH | 01/17/25 | $0.85 | $0.8 | $0.8 | $16.00 | $40.0K | 67.5K | 726 |
| NU | CALL | SWEEP | BULLISH | 10/25/24 | $0.25 | $0.23 | $0.25 | $15.00 | $35.6K | 1.1K | 18.4K |
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
- With a trading volume of 9,660,722, the price of NU is up by 2.3%, reaching $14.88.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 21 days from now.
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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.
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