Behind the Scenes of Mastercard's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Significant investors have shown a bullish sentiment towards Mastercard (NYSE:MA), with options data revealing a mix of bullish and bearish positions. Benzinga's options scanner identified 10 transactions, with a majority being bullish. The trading activity suggests a target price range of $410 to $490 for Mastercard in the next three months. Mastercard, a leading payment processor, is currently trading at $475.56, with analysts giving an average target price of $523.75.
March 28, 2024 | 2:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Significant bullish sentiment detected in options trading for Mastercard, with a target price range of $410-$490. Analysts maintain positive ratings, suggesting potential short-term growth.
The bullish sentiment among significant investors, as indicated by options trading, combined with positive analyst ratings and a current trading price close to the lower end of the target range, suggests a potential for short-term price appreciation. The mix of bullish and bearish positions indicates market uncertainty, but the overall analyst consensus and the significant trading volume point towards a positive outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100