Financial giants have made a conspicuous bearish move on Affirm Holdings. Our analysis of options history for Affirm Holdings (NASDAQ:AFRM) revealed 17 unusual trades.
Delving into the details, we found 35% of traders were bullish, while 64% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $167,440, and 12 were calls, valued at $766,644.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $32.5 to $75.0 for Affirm Holdings over the recent three months.
Volume & Open Interest Development
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 $32.5 to $75.0, over the past month.
Affirm Holdings 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 |
|---|---|---|---|---|---|---|---|---|
| AFRM | CALL | TRADE | NEUTRAL | 05/17/24 | $32.50 | $118.5K | 451 | 3 |
| AFRM | CALL | TRADE | NEUTRAL | 05/17/24 | $32.50 | $118.3K | 451 | 203 |
| AFRM | CALL | TRADE | NEUTRAL | 05/17/24 | $32.50 | $118.3K | 451 | 203 |
| AFRM | CALL | TRADE | BEARISH | 05/17/24 | $32.50 | $57.1K | 451 | 430 |
| AFRM | CALL | SWEEP | BULLISH | 07/19/24 | $37.50 | $53.7K | 10 | 48 |
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.
Where Is Affirm Holdings Standing Right Now?
- Trading volume stands at 5,833,020, with AFRM's price down by -3.6%, positioned at $38.24.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 6 days.
What Analysts Are Saying About Affirm Holdings
In the last month, 1 experts released ratings on this stock with an average target price of $44.0.
- An analyst from BMO Capital downgraded its action to Market Perform with a price target of $44.
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.