Core Insights - Financial giants are showing a bearish sentiment towards Affirm Holdings, with 40% of traders indicating bearish tendencies compared to 32% bullish [1] - The unusual options activity includes 36 puts valued at $2,964,102 and 19 calls valued at $1,047,736, indicating a significant focus on downside protection [1] - Analysts have set an average price target of $93.25 for Affirm Holdings, with varying ratings from different firms [11][12] Options Activity - Over the last 3 months, whales have targeted a price range for Affirm Holdings between $40.0 and $150.0 [2] - The analysis of volume and open interest reveals key insights into liquidity and interest levels for Affirm Holdings' options [3] - The largest options trades include multiple puts with varying sentiments, indicating mixed expectations among traders [9] Company Overview - Affirm Holdings Inc provides a digital and mobile-first commerce platform, generating revenue primarily from merchant networks and virtual card networks [10] - The company derives most of its revenue from the United States, followed by Canada and other regions [10] Current Market Position - As of the latest data, Affirm Holdings' stock price is down 6.2% at $67.08, with a trading volume of 4,357,210 [14] - RSI indicators suggest that the stock may be approaching an oversold condition [14]
Unpacking the Latest Options Trading Trends in Affirm Holdings - Affirm Holdings (NASDAQ:AFRM)