Big Investors Are Making Big Bets on Affirm (AFRM) Stock
Keep an eye on Affirm Holdings (AFRM)! Recent activity shows some big investors are placing large bets on the company's stock using something called options. This kind of 'unusual options activity' can sometimes signal that these large players think the stock might be headed for a significant move. According to reports, there have been notable trades involving both 'calls' and 'puts'. Think of calls as bets that the stock price will go up, and puts as bets that it will go down. The fact that there are large bets on both sides suggests that even big investors have differing opinions on where AFRM is heading next. This activity comes as the stock has been trading around the $32.60 mark. Additionally, analysts at Mizuho recently updated their view on Affirm, keeping their rating at 'Neutral' but adjusting their price target to $36. While this unusual options activity doesn't guarantee any specific outcome, it's interesting to see where large amounts of money are being placed. It's just one piece of the puzzle for anyone watching Affirm stock.