Decoding Mastercard's Options Activity: What's the Big Picture?

Author: Benzinga Insights | April 02, 2024 03:00pm

Whales with a lot of money to spend have taken a noticeably bullish stance on Mastercard.

Looking at options history for Mastercard (NYSE:MA) we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 70% of the investors opened trades with bullish expectations and 30% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $497,245 and 5, calls, for a total amount of $927,635.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $450.0 to $540.0 for Mastercard during the past quarter.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Mastercard's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Mastercard's substantial trades, within a strike price spectrum from $450.0 to $540.0 over the preceding 30 days.

Mastercard Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
MA	CALL	TRADE	BEARISH	06/20/25	$78.95	$77.05	$77.2	$450.00	$772.0K	79	100
MA	PUT	SWEEP	BULLISH	06/20/25	$33.4	$32.7	$32.7	$470.00	$147.1K	122	0
MA	PUT	SWEEP	BULLISH	06/20/25	$33.25	$32.6	$32.6	$470.00	$130.4K	122	85
MA	PUT	TRADE	BULLISH	01/16/26	$44.2	$42.8	$43.36	$480.00	$130.0K	17	30
MA	CALL	TRADE	BULLISH	01/17/25	$17.35	$16.9	$17.35	$540.00	$52.0K	541	0

About Mastercard

Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

In light of the recent options history for Mastercard, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Mastercard Standing Right Now?

• Currently trading with a volume of 1,530,406, the MA's price is up by 0.19%, now at $479.3.
• RSI readings suggest the stock is currently may be approaching overbought.
• Anticipated earnings release is in 23 days.

Professional Analyst Ratings for Mastercard

4 market experts have recently issued ratings for this stock, with a consensus target price of $523.75.

• An analyst from Jefferies persists with their Buy rating on Mastercard, maintaining a target price of $540.
• Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Mastercard with a target price of $545.
• Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for Mastercard, targeting a price of $530.
• An analyst from Mizuho persists with their Buy rating on Mastercard, maintaining a target price of $480.

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 Mastercard options trades with real-time alerts from Benzinga Pro.

Posted In: MA