This Is What Whales Are Betting On Mastercard

Someone with a lot of money to spend has taken a bearish stance on Mastercard MA.

And retail traders should know.

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

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with MA, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 19 uncommon options trades for Mastercard.

This isn't normal.

The overall sentiment of these big-money traders is split between 42% bullish and 57%, bearish.

Out of all of the special options we uncovered, 11 are puts, for a total amount of $510,488, and 8 are calls, for a total amount of $405,545.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $250.0 to $375.0 for Mastercard over the last 3 months.

Volume & Open Interest Development

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 Mastercard'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 Mastercard's whale trades within a strike price range from $250.0 to $375.0 in the last 30 days.

Mastercard Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MA CALL TRADE NEUTRAL 12/30/22 $370.00 $109.0K 841 262
MA PUT SWEEP NEUTRAL 01/19/24 $250.00 $82.3K 1.7K 92
MA PUT SWEEP BULLISH 04/21/23 $375.00 $70.2K 61 28
MA CALL SWEEP NEUTRAL 12/16/22 $345.00 $62.9K 927 44
MA CALL TRADE BULLISH 01/20/23 $365.00 $59.4K 917 80

Where Is Mastercard Standing Right Now?

  • With a volume of 831,932, the price of MA is down -0.1% at $356.06.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 56 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 Mastercard, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In: OptionsMarketsBZI-UOA
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...