A financial giant has made a conspicuous bearish move on Mastercard. Our analysis of options history for Mastercard MA revealed 10 unusual trades. Delving into the details, we found 20% of traders were bullish, while 80% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $304,681, and 3 were calls, valued at $152,400.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $170.0 to $410.0 for Mastercard during the past quarter.
Insights into Volume & Open Interest
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 Mastercard'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 Mastercard's whale trades within a strike price range from $170.0 to $410.0 in the last 30 days.
Mastercard 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MA | PUT | TRADE | NEUTRAL | 01/19/24 | $380.00 | $68.9K | 2.5K | 149 |
| MA | CALL | TRADE | BEARISH | 01/19/24 | $170.00 | $65.5K | 9 | 3 |
| MA | CALL | SWEEP | BEARISH | 06/21/24 | $320.00 | $59.9K | 46 | 0 |
| MA | PUT | SWEEP | BEARISH | 01/19/24 | $400.00 | $50.8K | 2.4K | 47 |
| MA | PUT | TRADE | BEARISH | 01/19/24 | $400.00 | $50.7K | 2.4K | 80 |
Present Market Standing of Mastercard
- With a volume of 1,297,447, the price of MA is down -0.25% at $387.9.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 78 days.
Professional Analyst Ratings for Mastercard:
- Morgan Stanley has decided to maintain their Overweight rating on Mastercard, which currently sits at a price target of $439.
- Seaport Global has revised its rating downward to Buy, adjusting the price target to $465.
- Keybanc persists with their Overweight rating on Mastercard, maintaining a target price of $440.
- Consistent in their evaluation, Keybanc keeps a Overweight rating on Mastercard with a target price of $430.
- Maintaining their stance, Raymond James continues to hold a Outperform rating for Mastercard, targeting a price of $452.
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 Mastercard, 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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