Deep-pocketed investors have adopted a bearish approach towards Upstart Hldgs (NASDAQ:UPST), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in UPST usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 27 extraordinary options activities for Upstart Hldgs. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 29% leaning bullish and 70% bearish. Among these notable options, 2 are puts, totaling $100,450, and 25 are calls, amounting to $1,792,031.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $100.0 for Upstart Hldgs during the past quarter.
Insights into Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Upstart Hldgs's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Upstart Hldgs's substantial trades, within a strike price spectrum from $30.0 to $100.0 over the preceding 30 days.
Upstart Hldgs Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UPST | CALL | TRADE | BEARISH | 12/27/24 | $38.55 | $36.85 | $37.3 | $30.00 | $167.8K | 71 | 61 |
| UPST | CALL | TRADE | BEARISH | 04/17/25 | $15.4 | $15.2 | $15.2 | $65.00 | $158.0K | 378 | 4 |
| UPST | CALL | TRADE | BULLISH | 01/16/26 | $42.5 | $40.0 | $42.5 | $35.00 | $136.0K | 380 | 32 |
| UPST | CALL | TRADE | BEARISH | 04/17/25 | $12.55 | $12.2 | $12.32 | $75.00 | $123.2K | 1.5K | 106 |
| UPST | CALL | TRADE | BULLISH | 02/21/25 | $12.05 | $11.8 | $11.99 | $67.50 | $119.9K | 129 | 103 |
About Upstart Hldgs
Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. Upstart's platform includes personal loans, automotive retail and refinance loans, home equity lines of credit and small dollar loans.
Where Is Upstart Hldgs Standing Right Now?
- Trading volume stands at 2,124,883, with UPST's price down by -6.71%, positioned at $67.2.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 46 days.
What Analysts Are Saying About Upstart Hldgs
In the last month, 3 experts released ratings on this stock with an average target price of $84.0.
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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access.* Reflecting concerns, an analyst from JP Morgan lowers its rating to Underweight with a new price target of $57.* An analyst from Needham has elevated its stance to Buy, setting a new price target at $100. * An analyst from Redburn Atlantic upgraded its action to Buy with a price target of $95.
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