Looking At Mastercard's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Mastercard (NYSE:MA) as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 36% bullish and 63% bearish. The whales have been targeting a price range from $280.0 to $430.0 for Mastercard over the last 3 months. Jefferies and Truist Securities have maintained their Buy rating on Mastercard, with a price target of $475.
October 02, 2023 | 7:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Unusual options activity indicates a bearish stance on Mastercard. The sentiment of big-money traders is 36% bullish and 63% bearish.
The unusual options activity and the bearish sentiment of big-money traders indicate a potential short-term decrease in Mastercard's stock price. However, the maintained Buy ratings from Jefferies and Truist Securities suggest a positive long-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100