Whales with a lot of money to spend have taken a noticeably bullish stance on Mastercard.
Looking at options history for Mastercard MA we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $73,380 and 6, calls, for a total amount of $651,662.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $335.0 to $435.0 for Mastercard during the past quarter.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $335.0 to $435.0 in the last 30 days.
Mastercard Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MA | CALL | TRADE | BULLISH | 03/15/24 | $435.00 | $392.0K | 64 | 401 |
| MA | CALL | SWEEP | BEARISH | 01/19/24 | $425.00 | $85.8K | 1.5K | 175 |
| MA | CALL | TRADE | NEUTRAL | 01/17/25 | $410.00 | $54.4K | 310 | 0 |
| MA | CALL | SWEEP | BULLISH | 01/19/24 | $422.50 | $50.4K | 150 | 104 |
| MA | CALL | SWEEP | BEARISH | 06/21/24 | $420.00 | $43.1K | 1.1K | 15 |
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.
Following our analysis of the options activities associated with Mastercard, we pivot to a closer look at the company's own performance.
Current Position of Mastercard
- With a trading volume of 711,543, the price of MA is up by 0.79%, reaching $422.06.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 21 days from now.
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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
