Market Whales and Their Recent Bets on DFS Options

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Deep-pocketed investors have adopted a bearish approach towards Discover Financial servs DFS, 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 DFS usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Discover Financial servs. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 10% leaning bullish and 80% bearish. Among these notable options, 6 are puts, totaling $2,837,420, and 4 are calls, amounting to $212,808.

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 $160.0 and $200.0 for Discover Financial servs, spanning the last three months.

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 Discover Financial servs'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 Discover Financial servs's whale activity within a strike price range from $160.0 to $200.0 in the last 30 days.

Discover Financial servs Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
DFS PUT SWEEP BEARISH 04/17/25 $10.0 $8.2 $9.6 $165.00 $1.0M 7.2K 1.4K
DFS PUT TRADE BEARISH 04/17/25 $9.4 $8.4 $9.4 $165.00 $893.0K 7.2K 2.4K
DFS PUT TRADE BEARISH 04/17/25 $9.9 $8.4 $9.6 $165.00 $759.3K 7.2K 1.4K
DFS CALL SWEEP BEARISH 04/17/25 $17.5 $14.9 $14.9 $160.00 $101.3K 223 100
DFS CALL SWEEP NEUTRAL 01/16/26 $13.8 $10.8 $12.4 $200.00 $45.9K 257 39

About Discover Financial servs

Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts and personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.

In light of the recent options history for Discover Financial servs, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of Discover Financial servs

  • With a volume of 1,190,048, the price of DFS is down -1.9% at $166.44.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 21 days.

Professional Analyst Ratings for Discover Financial servs

In the last month, 1 experts released ratings on this stock with an average target price of $219.0.

Turn $1000 into $1270 in just 20 days?

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 Truist Securities persists with their Buy rating on Discover Financial servs, maintaining a target price of $219.

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 Discover Financial servs options trades with real-time alerts from Benzinga Pro.

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DFSDiscover Financial Services
$170.707.54%

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