Mastercard Unusual Options Activity For May 28
Portfolio Pulse from Benzinga Insights
Significant options activity for Mastercard (NYSE:MA) indicates a bearish stance among large investors, with 50% of trades being bearish. The stock is currently trading at $445.08, down by 1.35%. Analysts maintain an overall positive outlook with an average target price of $514.6.
May 28, 2024 | 8:15 pm
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Mastercard has seen significant bearish options activity, with 50% of trades being bearish. The stock is currently trading at $445.08, down by 1.35%. Despite this, analysts maintain an overall positive outlook with an average target price of $514.6.
The significant bearish options activity suggests that large investors are expecting a decline in Mastercard's stock price in the short term. However, the overall positive analyst ratings and high target prices indicate a potential for recovery or long-term growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100