Whales with a lot of money to spend have taken a noticeably bearish stance on Mastercard.
Looking at options history for Mastercard MA we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 69% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $313,850 and 5, calls, for a total amount of $311,120.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $410.0 to $490.0 for Mastercard over the recent three months.
Insights into 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 $410.0 to $490.0 over the preceding 30 days.
Mastercard Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| MA | CALL | SWEEP | BULLISH | 06/20/25 | $410.00 | $97.5K | 1 | 13 |
| MA | CALL | TRADE | NEUTRAL | 01/26/24 | $430.00 | $89.1K | 627 | 122 |
| MA | PUT | SWEEP | NEUTRAL | 09/20/24 | $455.00 | $62.6K | 8 | 38 |
| MA | PUT | SWEEP | BEARISH | 06/21/24 | $430.00 | $57.8K | 313 | 54 |
| MA | CALL | TRADE | NEUTRAL | 01/26/24 | $435.00 | $57.2K | 350 | 135 |
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.
Having examined the options trading patterns of Mastercard, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Present Market Standing of Mastercard
- Currently trading with a volume of 528,902, the MA's price is up by 0.52%, now at $439.04.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 9 days.
What Analysts Are Saying About Mastercard
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $482.25.
- An analyst from Goldman Sachs persists with their Buy rating on Mastercard, maintaining a target price of $482.
- In a positive move, an analyst from Oppenheimer has upgraded their rating to Outperform and adjusted the price target to $510.
- Maintaining their stance, an analyst from Mizuho continues to hold a Buy rating for Mastercard, targeting a price of $462.
- An analyst from Keybanc persists with their Overweight rating on Mastercard, maintaining a target price of $475.
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.
© 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.
