Benzinga's options scanner just detected over 11 options trades for Mastercard MA summing a total amount of $2,427,556.
At the same time, our algo caught 4 for a total amount of 274,875.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $380.0 to $460.0 for Mastercard during the past quarter.
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 $380.0 to $460.0 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 | BULLISH | 01/16/26 | $460.00 | $1.9M | 38 | 400 |
| MA | PUT | SWEEP | BULLISH | 04/19/24 | $380.00 | $173.4K | 206 | 334 |
| MA | CALL | TRADE | BULLISH | 12/15/23 | $405.00 | $56.2K | 898 | 121 |
| MA | CALL | SWEEP | BULLISH | 01/19/24 | $425.00 | $50.0K | 1.0K | 4 |
| MA | CALL | SWEEP | BULLISH | 12/15/23 | $420.00 | $45.5K | 3.7K | 110 |
About Mastercard
Mastercard is the second-largest payment processor in the world, having processed close to over $8 trillion in transactions during 2022. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
Following our analysis of the options activities associated with Mastercard, we pivot to a closer look at the company's own performance.
Where Is Mastercard Standing Right Now?
- With a volume of 1,059,581, the price of MA is up 0.72% at $418.71.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 44 days.
What The Experts Say On Mastercard
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $483.3333333333333.
- Reflecting concerns, an analyst from BMO Capital lowers its rating to Outperform with a new price target of $475.
- Consistent in their evaluation, an analyst from Tigress Financial keeps a Strong Buy rating on Mastercard with a target price of $495.
- Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on Mastercard with a target price of $480.
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 Mastercard with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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