Deep-pocketed investors have adopted a bullish 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 23 extraordinary options activities for Mastercard. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 65% leaning bullish and 34% bearish. Among these notable options, 12 are puts, totaling $711,115, and 11 are calls, amounting to $580,400.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $160.0 to $420.0 for Mastercard over the recent three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Mastercard options trades today is 793.14 with a total volume of 3,578.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Mastercard's big money trades within a strike price range of $160.0 to $420.0 over the last 30 days.
Mastercard Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MA | CALL | TRADE | BULLISH | 01/19/24 | $415.00 | $210.0K | 1.1K | 394 |
| MA | PUT | SWEEP | BULLISH | 01/17/25 | $420.00 | $171.5K | 644 | 50 |
| MA | CALL | SWEEP | NEUTRAL | 01/17/25 | $160.00 | $77.5K | 8 | 3 |
| MA | PUT | TRADE | BEARISH | 01/19/24 | $415.00 | $54.9K | 574 | 309 |
| MA | PUT | SWEEP | BULLISH | 01/19/24 | $415.00 | $54.0K | 574 | 414 |
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.
After a thorough review of the options trading surrounding Mastercard, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Mastercard
- Trading volume stands at 1,699,026, with MA's price down by -0.19%, positioned at $413.56.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 52 days.
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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