Investors with a lot of money to spend have taken a bearish stance on Fair Isaac FICO.
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with FICO, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 13 uncommon options trades for Fair Isaac.
This isn't normal.
The overall sentiment of these big-money traders is split between 23% bullish and 76%, bearish.
Out of all of the special options we uncovered, 6 are puts, for a total amount of $308,220, and 7 are calls, for a total amount of $1,105,266.
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 $1000.0 and $1480.0 for Fair Isaac, 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 Fair Isaac'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 Fair Isaac's whale activity within a strike price range from $1000.0 to $1480.0 in the last 30 days.
Fair Isaac Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| FICO | CALL | TRADE | NEUTRAL | 12/20/24 | $1050.00 | $405.6K | 13 | 12 |
| FICO | CALL | SWEEP | BULLISH | 12/20/24 | $1480.00 | $320.8K | 1 | 30 |
| FICO | CALL | TRADE | BEARISH | 12/20/24 | $1480.00 | $156.4K | 1 | 45 |
| FICO | PUT | SWEEP | BEARISH | 07/19/24 | $1280.00 | $87.8K | 0 | 9 |
| FICO | PUT | TRADE | BEARISH | 03/15/24 | $1220.00 | $70.6K | 2 | 36 |
About Fair Isaac
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer offerings. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.
In light of the recent options history for Fair Isaac, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Fair Isaac
- With a trading volume of 139,628, the price of FICO is down by 0.0%, reaching $1260.21.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 3 days from now.
Expert Opinions on Fair Isaac
In the last month, 2 experts released ratings on this stock with an average target price of $1332.0.
- An analyst from Jefferies has decided to maintain their Buy rating on Fair Isaac, which currently sits at a price target of $1450.
- An analyst from Raymond James has decided to maintain their Outperform rating on Fair Isaac, which currently sits at a price target of $1214.
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 Fair Isaac, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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