Deep-pocketed investors have adopted a bearish approach towards Nu Holdings NU, 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 NU usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 16 extraordinary options activities for Nu Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 6% leaning bullish and 93% bearish. Among these notable options, 5 are puts, totaling $299,568, and 11 are calls, amounting to $3,807,413.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $9.0 to $12.0 for Nu Holdings during the past quarter.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Nu Holdings stands at 7319.1, with a total volume reaching 65,120.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Nu Holdings, situated within the strike price corridor from $9.0 to $12.0, throughout the last 30 days.
Nu Holdings 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| NU | CALL | TRADE | BEARISH | 11/15/24 | $10.00 | $1.2M | 1 | 10.0K |
| NU | CALL | TRADE | BEARISH | 01/17/25 | $12.00 | $1.1M | 1.7K | 20.3K |
| NU | CALL | TRADE | BEARISH | 01/17/25 | $12.00 | $898.7K | 1.7K | 16.4K |
| NU | CALL | SWEEP | BEARISH | 01/17/25 | $12.00 | $186.2K | 1.7K | 2.7K |
| NU | PUT | SWEEP | BEARISH | 01/17/25 | $10.00 | $142.7K | 3.5K | 1.6K |
About Nu Holdings
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.
Having examined the options trading patterns of Nu Holdings, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Nu Holdings's Current Market Status
- Trading volume stands at 11,490,204, with NU's price down by -0.74%, positioned at $9.43.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 24 days.
What The Experts Say On Nu Holdings
1 market experts have recently issued ratings for this stock, with a consensus target price of $11.5.
- Consistent in their evaluation, an analyst from UBS keeps a Buy rating on Nu Holdings with a target price of $11.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Nu Holdings with Benzinga Pro for real-time alerts.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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