Upstart Hldgs's Options Frenzy: What You Need to Know

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High-rolling investors have positioned themselves bullish on Upstart Hldgs UPST, 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 UPST often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 12 options trades for Upstart Hldgs. This is not a typical pattern.

The sentiment among these major traders is split, with 50% bullish and 41% bearish. Among all the options we identified, there was one put, amounting to $100,000, and 11 calls, totaling $1,505,432.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $52.5 to $65.0 for Upstart Hldgs over the recent three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Upstart Hldgs options trades today is 1036.0 with a total volume of 4,357.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Upstart Hldgs's big money trades within a strike price range of $52.5 to $65.0 over the last 30 days.

Upstart Hldgs 30-Day Option Volume & Interest Snapshot

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
UPST CALL TRADE NEUTRAL 02/21/25 $9.8 $9.35 $9.57 $55.00 $574.2K 911 601
UPST CALL TRADE BEARISH 02/21/25 $11.7 $10.45 $10.81 $52.50 $237.8K 232 220
UPST CALL SWEEP BULLISH 01/31/25 $2.66 $2.25 $2.53 $62.00 $182.7K 799 731
UPST CALL SWEEP BULLISH 02/07/25 $2.96 $2.33 $2.97 $64.00 $141.3K 762 476
UPST PUT SWEEP BULLISH 01/17/25 $2.07 $2.0 $2.0 $57.50 $100.0K 1.5K 262

About Upstart Hldgs

Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. Upstart's platform includes personal loans, automotive retail and refinance loans, home equity lines of credit and small dollar loans.

Having examined the options trading patterns of Upstart Hldgs, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of Upstart Hldgs

  • With a trading volume of 643,620, the price of UPST is up by 3.03%, reaching $58.8.
  • Current RSI values indicate that the stock is may be oversold.
  • Next earnings report is scheduled for 28 days from now.

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.

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 Upstart Hldgs, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
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