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This Is What Whales Are Betting On Mastercard - Mastercard (NYSE:MA)

By Benzinga Insights

This Is What Whales Are Betting On Mastercard - Mastercard (NYSE:MA)

Benzinga's options scanner has just identified more than 8 option transactions on Mastercard MA, with a cumulative value of $301,178. Concurrently, our algorithms picked up 2 puts, worth a total of 100,237.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $410.0 to $465.0 for Mastercard over the recent three months.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Mastercard's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Mastercard's whale activity within a strike price range from $410.0 to $465.0 in the last 30 days.

Mastercard Option Activity Analysis: Last 30 DaysBiggest Options Spotted:About Mastercard

Mastercard is the second-largest payment processor in the world, having processed close to over $9 trillion in volume during 2023. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Having examined the options trading patterns of Mastercard, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Mastercard Currently trading with a volume of 1,011,187, the MA's price is up by 0.1%, now at $443.19. RSI readings suggest the stock is currently is currently neutral between overbought and oversold. Anticipated earnings release is in 27 days. What Analysts Are Saying About Mastercard

In the last month, 1 experts released ratings on this stock with an average target price of $525.0.

An analyst from Evercore ISI Group persists with their Outperform rating on Mastercard, maintaining a target price of $525.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Mastercard options trades with real-time alerts from Benzinga Pro.

Market News and Data brought to you by Benzinga APIs

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