27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Whales with a lot of money to spend have taken a noticeably bearish stance on Mastercard.
Looking at options history for Mastercard (NYSE:MA) we detected 17 trades.
If we consider the specifics of each trade, it is accurate to state that 41% of the investors opened trades with bullish expectations and 58% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $275,337 and 10, calls, for a total amount of $872,737.
Expected Price Movements
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $420.0 to $500.0 for Mastercard over the last 3 months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $420.0 to $500.0 in the last 30 days.
Mastercard Option Volume And Open Interest Over Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MA | CALL | TRADE | BULLISH | 04/19/24 | $41.4 | $37.5 | $40.25 | $435.00 | $261.6K | 495 | 0 |
| MA | CALL | TRADE | BEARISH | 12/20/24 | $29.9 | $27.05 | $27.25 | $500.00 | $177.1K | 2.3K | 0 |
| MA | CALL | TRADE | BEARISH | 01/17/25 | $83.85 | $82.0 | $82.01 | $420.00 | $98.4K | 519 | 12 |
| MA | CALL | SWEEP | BULLISH | 04/19/24 | $60.5 | $57.5 | $59.67 | $420.00 | $83.4K | 458 | 19 |
| MA | CALL | TRADE | BULLISH | 01/17/25 | $61.45 | $58.75 | $60.65 | $450.00 | $60.6K | 888 | 0 |
About Mastercard
Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. 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.
Where Is Mastercard Standing Right Now?
- With a trading volume of 1,430,281, the price of MA is up by 1.43%, reaching $476.49.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 20 days from now.
Professional Analyst Ratings for Mastercard
In the last month, 4 experts released ratings on this stock with an average target price of $525.0.
- An analyst from Jefferies persists with their Buy rating on Mastercard, maintaining a target price of $540.
- An analyst from Evercore ISI Group persists with their Outperform rating on Mastercard, maintaining a target price of $545.
- An analyst from Susquehanna persists with their Positive rating on Mastercard, maintaining a target price of $535.
- Maintaining their stance, an analyst from Mizuho continues to hold a Buy rating for Mastercard, targeting a price of $480.
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.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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