Deep-pocketed investors have adopted a bearish approach towards Mastercard MA, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MA usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 17 extraordinary options activities for Mastercard. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 47% leaning bullish and 52% bearish. Among these notable options, 7 are puts, totaling $548,796, and 10 are calls, amounting to $779,793.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $210.0 and $430.0 for Mastercard, spanning the last three months.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Mastercard's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Mastercard's substantial trades, within a strike price spectrum from $210.0 to $430.0 over the preceding 30 days.
Mastercard Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MA | CALL | TRADE | BULLISH | 12/01/23 | $385.00 | $350.0K | 330 | 280 |
| MA | PUT | SWEEP | BULLISH | 01/16/26 | $330.00 | $281.2K | 181 | 150 |
| MA | CALL | SWEEP | BULLISH | 01/17/25 | $410.00 | $127.2K | 255 | 30 |
| MA | PUT | TRADE | BULLISH | 11/17/23 | $430.00 | $105.0K | 65 | 0 |
| MA | CALL | TRADE | BEARISH | 01/16/26 | $430.00 | $55.0K | 1 | 77 |
About Mastercard
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
In light of the recent options history for Mastercard, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Mastercard Standing Right Now?
- Trading volume stands at 790,605, with MA's price down by -0.1%, positioned at $394.0.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 73 days.
What The Experts Say On Mastercard
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $452.6.
- An analyst from Barclays has decided to maintain their Overweight rating on Mastercard, which currently sits at a price target of $470.
- An analyst from Morgan Stanley has decided to maintain their Overweight rating on Mastercard, which currently sits at a price target of $439.
- An analyst from Raymond James has decided to maintain their Outperform rating on Mastercard, which currently sits at a price target of $452.
- An analyst from BMO Capital has decided to maintain their Outperform rating on Mastercard, which currently sits at a price target of $472.
- An analyst from Keybanc persists with their Overweight rating on Mastercard, maintaining a target price of $430.
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 Mastercard options trades with real-time alerts from Benzinga Pro.
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