Affirm Holdings Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bearish stance on Affirm Holdings.

Looking at options history for Affirm Holdings AFRM we detected 15 strange trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $708,649 and 9, calls, for a total amount of $369,284.

Get Started

Earn 7.2% — No Matter What the Fed Does

Markets expect rate cuts — but your earnings don’t have to suffer. Lock in 7.2% until 2028 from ten individual bonds.

Get Started

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 $12.5 to $42.5 for Affirm Holdings over the last 3 months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

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 activity within a strike price range from $12.5 to $42.5 in the last 30 days.

Affirm Holdings Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Where Is Affirm Holdings Standing Right Now?

• With a volume of 54,987,380, the price of AFRM is up 6.88% at $16.91.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 78 days.

What The Experts Say On Affirm Holdings:

• Piper Sandler has decided to maintain their Neutral rating on Affirm Holdings, which currently sits at a price target of $11.
• Credit Suisse downgraded its action to Neutral with a price target of $16
• Wedbush has decided to maintain their Underperform rating on Affirm Holdings, which currently sits at a price target of $9.
• Morgan Stanley has decided to maintain their Equal-Weight rating on Affirm Holdings, which currently sits at a price target of $14.
• RBC Capital downgraded its action to Sector Perform with a price target of $17

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.