Whales with a lot of money to spend have taken a noticeably bullish stance on Match Group.
Looking at options history for Match Group MTCH we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 33% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $206,687 and 4, calls, for a total amount of $167,980.
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 $20.0 to $42.5 for Match Group during the past quarter.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Match Group stands at 1732.8, with a total volume reaching 18,722.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Match Group, situated within the strike price corridor from $20.0 to $42.5, throughout the last 30 days.
Match Group Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MTCH | CALL | SWEEP | BULLISH | 01/17/25 | $0.2 | $0.17 | $0.2 | $40.00 | $70.0K | 7.1K | 3.6K |
| MTCH | PUT | SWEEP | NEUTRAL | 01/17/25 | $2.5 | $2.31 | $2.4 | $32.50 | $47.3K | 1.3K | 213 |
| MTCH | PUT | SWEEP | BULLISH | 05/16/25 | $11.35 | $11.25 | $11.25 | $42.50 | $47.2K | 64 | 42 |
| MTCH | PUT | TRADE | BULLISH | 01/17/25 | $2.75 | $2.6 | $2.6 | $32.50 | $39.0K | 1.3K | 513 |
| MTCH | PUT | TRADE | BEARISH | 01/17/25 | $2.63 | $2.39 | $2.6 | $32.50 | $39.0K | 1.3K | 363 |
About Match Group
Match Group is a provider of online dating products. The firm became public in 2015 and was more than 80% owned by IAC/InterActiveCorp until IAC spun it off in 2020. The company has a vast portfolio of different online dating service providers, including Tinder, Hinge, BLK, Chispa, Match.com, OkCupid, PlentyOfFish, and Meetic. Match Group has more than 45 brands of online dating sites and/or apps, from which it generates user fee revenue (95%) and advertising revenue (5%).
Current Position of Match Group
- Trading volume stands at 7,550,408, with MTCH's price down by -18.2%, positioned at $30.98.
- RSI indicators show the stock to be may be oversold.
- Earnings announcement expected in 82 days.
Professional Analyst Ratings for Match Group
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $35.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from B of A Securities has revised its rating downward to Neutral, adjusting the price target to $35.
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 Match Group options trades with real-time alerts from Benzinga Pro.
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