Affirm Holdings Unusual Options Activity For April 05

Financial giants have made a conspicuous bearish move on Affirm Holdings. Our analysis of options history for Affirm Holdings AFRM revealed 38 unusual trades.

Delving into the details, we found 21% of traders were bullish, while 78% showed bearish tendencies. Out of all the trades we spotted, 22 were puts, with a value of $1,357,674, and 16 were calls, valued at $1,000,470.

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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 $17.5 and $50.0 for Affirm Holdings, spanning the last three months.

Analyzing Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Affirm Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Affirm Holdings's substantial trades, within a strike price spectrum from $17.5 to $50.0 over the preceding 30 days.

Affirm Holdings Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AFRM PUT SWEEP BEARISH 09/20/24 $10.7 $10.55 $10.65 $37.50 $178.9K 1.0K 509
AFRM PUT SWEEP BEARISH 09/20/24 $10.6 $10.5 $10.5 $37.50 $139.6K 1.0K 239
AFRM CALL TRADE NEUTRAL 06/21/24 $2.36 $2.32 $2.34 $45.00 $117.0K 2.8K 0
AFRM CALL SWEEP BEARISH 01/16/26 $11.3 $10.5 $10.45 $50.00 $107.6K 336 111
AFRM CALL TRADE BULLISH 06/21/24 $2.39 $2.36 $2.38 $45.00 $107.5K 2.8K 1.6K

About Affirm Holdings

Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a majority share of its revenue from the United States.

Following our analysis of the options activities associated with Affirm Holdings, we pivot to a closer look at the company's own performance.

Current Position of Affirm Holdings

  • Trading volume stands at 4,473,640, with AFRM's price up by 2.22%, positioned at $32.82.
  • RSI indicators show the stock to be may be approaching oversold.
  • Earnings announcement expected in 32 days.

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 Affirm Holdings with Benzinga Pro for real-time alerts.

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AFRMAffirm Holdings Inc
$57.873.88%

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