Looking At Affirm Holdings's Recent Unusual Options Activity

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

Looking at options history for Affirm Holdings AFRM we detected 25 trades.

If we consider the specifics of each trade, it is accurate to state that 56% of the investors opened trades with bullish expectations and 44% with bearish.

From the overall spotted trades, 19 are puts, for a total amount of $3,312,327 and 6, calls, for a total amount of $513,980.

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 $20.0 to $75.0 for Affirm Holdings during the past quarter.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Affirm Holdings options trades today is 1822.82 with a total volume of 6,886.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Affirm Holdings's big money trades within a strike price range of $20.0 to $75.0 over the last 30 days.

Affirm Holdings Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AFRM PUT TRADE BULLISH 10/18/24 $16.55 $16.4 $16.41 $45.00 $1.6M 1 0
AFRM PUT SWEEP BEARISH 01/16/26 $46.2 $45.45 $46.01 $75.00 $415.3K 115 90
AFRM PUT TRADE BULLISH 06/21/24 $1.84 $1.81 $1.82 $25.00 $364.0K 5.0K 2.2K
AFRM CALL TRADE BEARISH 05/03/24 $10.55 $9.65 $9.8 $23.00 $174.4K 0 178
AFRM CALL SWEEP BULLISH 08/16/24 $6.6 $6.5 $6.6 $32.50 $165.0K 345 251

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.

Affirm Holdings's Current Market Status

  • Currently trading with a volume of 4,478,311, the AFRM's price is down by -0.21%, now at $32.55.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 22 days.

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 Affirm Holdings, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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