Whales with a lot of money to spend have taken a noticeably bearish stance on Mastercard.
Looking at options history for Mastercard MA we detected 12 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 5 are puts, for a total amount of $312,992 and 7, calls, for a total amount of $571,126.
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 $415.0 to $520.0 for Mastercard over the last 3 months.
Volume & Open Interest Trends
In terms of liquidity and interest, the mean open interest for Mastercard options trades today is 984.0 with a total volume of 1,286.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Mastercard's big money trades within a strike price range of $415.0 to $520.0 over the last 30 days.
Mastercard 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 |
|---|---|---|---|---|---|---|---|---|
| MA | CALL | SWEEP | NEUTRAL | 07/19/24 | $415.00 | $154.7K | 139 | 61 |
| MA | CALL | TRADE | BEARISH | 01/16/26 | $470.00 | $117.6K | 101 | 16 |
| MA | PUT | SWEEP | BULLISH | 03/15/24 | $470.00 | $116.1K | 1.0K | 201 |
| MA | CALL | TRADE | BULLISH | 09/20/24 | $465.00 | $66.5K | 65 | 26 |
| MA | CALL | TRADE | BEARISH | 09/20/24 | $465.00 | $66.4K | 65 | 90 |
About Mastercard
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. 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.
Current Position of Mastercard
- With a trading volume of 602,412, the price of MA is down by -0.52%, reaching $466.82.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 45 days from now.
What The Experts Say On Mastercard
2 market experts have recently issued ratings for this stock, with a consensus target price of $535.0.
- An analyst from Wells Fargo persists with their Overweight rating on Mastercard, maintaining a target price of $530.
- Maintaining their stance, an analyst from Jefferies continues to hold a Buy rating for Mastercard, targeting a price of $540.
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 Mastercard with Benzinga Pro for real-time 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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