Looking At Affirm Holdings's Recent Unusual Options Activity

Deep-pocketed investors have adopted a bullish approach towards Affirm Holdings AFRM, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AFRM usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Affirm Holdings. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 60% leaning bullish and 40% bearish. Among these notable options, 5 are puts, totaling $260,288, and 5 are calls, amounting to $544,789.

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Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $35.0 to $66.0 for Affirm Holdings over the recent three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Affirm Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Affirm Holdings's significant trades, within a strike price range of $35.0 to $66.0, over the past month.

Affirm Holdings 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

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.

Following our analysis of the options activities associated with Affirm Holdings, we pivot to a closer look at the company's own performance.

Affirm Holdings's Current Market Status

• With a trading volume of 1,491,519, the price of AFRM is down by -0.62%, reaching $43.22.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 34 days from now.

Professional Analyst Ratings for Affirm Holdings

2 market experts have recently issued ratings for this stock, with a consensus target price of $37.5.

• Reflecting concerns, an analyst from Morgan Stanley lowers its rating to Underweight with a new price target of $20.
• Consistent in their evaluation, an analyst from Truist Securities keeps a Buy rating on Affirm Holdings with a target price of $55.

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.