Behind the Scenes of Affirm Holdings's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Affirm Holdings (NASDAQ:AFRM) has seen significant options trading activity, with a bearish sentiment prevailing among big-money investors. Benzinga's options scanner revealed 16 unusual trades, with a split sentiment of 18% bullish and 81% bearish. The focus is on a price band between $32.0 and $50.0. The trading volume and open interest suggest heightened activity in this range. AFRM's current market status shows a slight price decrease and an upcoming earnings announcement in 46 days.
March 22, 2024 | 6:00 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Affirm Holdings has experienced significant options trading with a predominantly bearish sentiment among investors, indicating potential volatility or price movement.
The bearish sentiment among big-money investors, as indicated by the unusual options activity, suggests that there may be concerns or negative expectations about Affirm Holdings' future performance. This could lead to increased volatility or a downward price movement in the short term, especially with an earnings announcement on the horizon.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100