Behind the Scenes of Affirm Holdings's Latest Options Trends

Whales with a lot of money to spend have taken a noticeably bearish stance on Affirm Holdings.

Looking at options history for Affirm Holdings AFRM we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 30% of the investors opened trades with bullish expectations and 70% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $170,653 and 6, calls, for a total amount of $272,472.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $30.0 and $55.0 for Affirm Holdings, spanning the last three months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Affirm Holdings stands at 1092.4, with a total volume reaching 387.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Affirm Holdings, situated within the strike price corridor from $30.0 to $55.0, throughout the last 30 days.

Affirm Holdings Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AFRM CALL SWEEP BEARISH 06/21/24 $2.47 $2.17 $2.17 $45.00 $108.5K 3.5K 0
AFRM PUT SWEEP BEARISH 10/18/24 $5.95 $5.8 $5.9 $30.00 $52.5K 23 1
AFRM PUT SWEEP BEARISH 05/17/24 $10.35 $10.2 $10.35 $42.50 $47.5K 2.1K 72
AFRM PUT SWEEP BULLISH 03/21/25 $26.05 $25.7 $25.71 $55.00 $43.6K 0 17
AFRM CALL TRADE NEUTRAL 04/26/24 $2.08 $1.94 $2.0 $34.00 $40.0K 138 5

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.

After a thorough review of the options trading surrounding Affirm Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Current Position of Affirm Holdings

  • Currently trading with a volume of 1,873,018, the AFRM's price is down by -4.66%, now at $33.72.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 27 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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Date of Trade
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Posted In: OptionsMarketsBZI-UOA
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