Investors with a lot of money to spend have taken a bullish stance on Dave DAVE.
And retail traders should know.
We noticed this today when the positions 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 DAVE, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for Dave.
This isn't normal.
The overall sentiment of these big-money traders is split between 90% bullish and 0%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $525,360, and 10, calls, for a total amount of $1,147,518.
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 $200.0 to $270.0 for Dave during the past quarter.
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 Dave'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 Dave's whale trades within a strike price range from $200.0 to $270.0 in the last 30 days.
Dave Option Activity Analysis: 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVE | PUT | TRADE | NEUTRAL | 07/18/25 | $67.3 | $63.9 | $65.67 | $270.00 | $525.3K | 192 | 2 |
| DAVE | CALL | SWEEP | BULLISH | 08/15/25 | $27.2 | $26.5 | $27.2 | $200.00 | $421.6K | 322 | 233 |
| DAVE | CALL | SWEEP | BULLISH | 08/15/25 | $27.3 | $26.2 | $27.3 | $200.00 | $405.6K | 322 | 400 |
| DAVE | CALL | SWEEP | BULLISH | 08/15/25 | $27.6 | $26.3 | $27.6 | $200.00 | $44.1K | 322 | 16 |
| DAVE | CALL | TRADE | BULLISH | 08/15/25 | $27.7 | $26.4 | $27.7 | $200.00 | $41.5K | 322 | 490 |
About Dave
Dave Inc is a financial services company. It is engaged in offering banking app that offers its customers banking, financial insights, overdraft protection, building credit and finding side gigs.
After a thorough review of the options trading surrounding Dave, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Dave Standing Right Now?
- Currently trading with a volume of 105,198, the DAVE's price is up by 2.08%, now at $206.88.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 21 days.
Professional Analyst Ratings for Dave
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $300.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Benchmark has revised its rating downward to Buy, adjusting the price target to $320. * Consistent in their evaluation, an analyst from Benchmark keeps a Buy rating on Dave with a target price of $320. * Maintaining their stance, an analyst from JMP Securities continues to hold a Market Outperform rating for Dave, targeting a price of $260.
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 Dave with Benzinga Pro for real-time alerts.
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