Affirm Holdings Options Trading: A Deep Dive into Market Sentiment
Portfolio Pulse from Benzinga Insights
Affirm Holdings (NASDAQ:AFRM) has seen significant options trading activity, with a bearish sentiment from big-money investors. The options trades include 26 uncommon transactions, with 61% being bearish. The stock is currently down 0.79% at $43.71, and RSI indicators suggest it may be overbought.
September 17, 2024 | 5:17 pm
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Affirm Holdings has experienced unusual options trading activity, with a majority of trades showing a bearish sentiment. This could indicate potential downward pressure on the stock price in the short term.
The article highlights significant options trading activity for AFRM, with 61% of trades being bearish. This suggests that investors expect the stock price to decline. The current stock price is down 0.79%, and RSI indicators suggest it may be overbought, supporting the bearish outlook.
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