Unpacking the Latest Options Trading Trends in Affirm Holdings

Investors with a lot of money to spend have taken a bullish stance on Affirm Holdings AFRM.

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AFRM, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 12 uncommon options trades for Affirm Holdings.

This isn't normal.

The overall sentiment of these big-money traders is split between 66% bullish and 33%, bearish.

Out of all of the special options we uncovered, 2 are puts, for a total amount of $64,235, and 10 are calls, for a total amount of $597,916.

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 $25.0 to $70.0 for Affirm Holdings over the last 3 months.

Insights into Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Affirm Holdings's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Affirm Holdings's whale trades within a strike price range from $25.0 to $70.0 in the last 30 days.

Affirm Holdings Option Volume And Open Interest Over Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AFRM CALL SWEEP BULLISH 01/17/25 $11.9 $11.75 $11.9 $32.50 $153.5K 597 0
AFRM CALL TRADE BEARISH 08/16/24 $5.9 $5.75 $5.75 $37.50 $71.3K 675 402
AFRM CALL TRADE BULLISH 01/17/25 $11.9 $11.8 $11.9 $32.50 $66.6K 597 185
AFRM CALL SWEEP BULLISH 07/19/24 $4.65 $4.55 $4.55 $37.50 $56.8K 1.1K 125
AFRM CALL SWEEP BULLISH 10/18/24 $8.55 $8.45 $8.55 $35.00 $47.8K 141 3

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.

Present Market Standing of Affirm Holdings

  • With a trading volume of 3,903,963, the price of AFRM is up by 0.44%, reaching $36.18.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 1 days from now.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Affirm Holdings options trades with real-time alerts from Benzinga Pro.

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