Market Whales and Their Recent Bets on AFRM Options
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown a bearish stance on Affirm Holdings (NASDAQ:AFRM) through recent options trades, with a sentiment split between bullish and bearish. Benzinga's tracking revealed 9 significant options trades, indicating a price target range of $21.0 to $75.0 for AFRM over the next three months. The trading activity suggests that these investors might have access to privileged information. Currently, AFRM's stock is up by 6.36%, trading at $36.63, with an anticipated earnings release in 5 days.
May 03, 2024 | 1:46 pm
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NEUTRAL IMPACT
Affirm Holdings has seen significant options trading activity, with a bearish sentiment from high-rolling investors. The stock is currently up, trading at $36.63, with an earnings release anticipated in 5 days.
The mixed sentiment in options trading and the upcoming earnings release create uncertainty. The bearish bets by significant investors suggest potential insider information, which could impact the stock's short-term movement. However, the current uptrend and the anticipation of the earnings report add complexity to the potential impact, making the short-term direction unclear.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100