La chaîne d'options affiche les données clés des options sur actions de Nu Holdings à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour Nu Holdings..

Nu Holdings (NYSE:NU) Stock, Chaîne d'Options

Nu Holdings

Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.

Nu Holdings Ltd

NuCypher - United States Dollar

Nuveen Enhanced Yield U.S. Aggregate Bond ETF

NORTHUMBERLAND BANCORP by Northumberland Bancorp

Northumberland Bancorp

Nuveen ESG U.S. Aggregate Bond ETF

Nubia Brand International Corp

NUBIA BRANDS INTL CORP UNIT 1 CL A & 1/2 WT EXP

NUBIA BRANDS INTL CORP WT EXP

VANECK URAN AND NUCLEAR TECHNLGS ETF

Nuveen ESG International Developed Markets Equity ETF

Nuveen ESG Dividend ETF

Nucor Corp

Nu Earth Corp

Nuveen ESG Emerging Markets Equity ETF

NU E POWER CORP by NU E Power Corp.

Nufarm Ltd

NUGL Inc

NUGENE INTERNATIONAL, INC by NuGene International, Inc.

Livento Group Inc

Nuveen Growth Opportunities ETF

CANNABIS STRATEG VNTRE by Cannabis Strategic Ventures

Cannabis Strategic Ventures

Direxion Daily Gold Miners Index Bull 2XShares

NuGenerex Immuno-Oncology Inc

Nuheara Ltd

Nuveen ESG High Yield Corporate Bond ETF

Nukkleus Inc

Exchange Traded Concepts Trust Range Nuclear Renaissance Index ETF

Nuveen ESG Large-Cap ETF

Nuveen ESG Large-Cap Growth ETF

NULEGACY GOLD CORP by NuLegacy Gold Corporation

NuLegacy Gold Corp

NULS

Nuveen ESG Large-Cap Value ETF

Numbers Protocol

Nu-Med Plus Inc

Nuveen ESG Mid-Cap Growth ETF

NUMINUS WELLNESS INC by Numinus Wellness Inc.

Numinus Wellness Inc

Nuveen ESG Mid-Cap Value ETF

NUNZIA PHARMACEUTICL CORP by Nunzia Pharmaceutical Corporation

Nunzia Pharmaceutical Corp

NOMURA RESEARCH INSTITUTE by Nomura Research Institute Ltd.

Nomura Research Institute Ltd

Nuveen Short-Term REIT ETF

NeuroMetrix Inc

NEUREN PHARMS LTD ORD by Neuren Pharmaceuticals Ltd.

Neuren Pharmaceuticals Ltd

Nu Skin Enterprises Inc

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF

Nuveen Ultra Short Income ETF

Nuveen ESG Small-Cap ETF

Nationwide Nasdaq-100 Risk-Managed Income ETF

NAUTILUS MINERALS INC ORD by Nautilus Minerals Inc.

NEW SOURCE ENGY PFD UTS by New Source Energy Partners LP

NU SKIN ENTERPRISES CL A ORD

Nutroganics Inc

Nutex Health Inc

REJUVEL BIO-SCIENCES INC by Rejuvel Bio-Sciences, Inc.

Rejuvel Bio-Sciences Inc

Nuveen Municipal Value Fund, Inc. Common Stock

Nuveen Municipal Value Fund Inc

Nuvation Bio Inc

Emo Capital Corp

Nuvalent Inc

NuVim Inc

HOLDCO NUVO GROUP D G LTD ORD

HOLDCO NUVO GROUP by HOLDCO NUVO GROUP D.G LTD.

Holdco Nuvo Group DG Ltd

NUVERA COMMUNICATIONS INC by Nuvera Communications, Inc.

Nuvera Communications Inc

NUVISTA ENERGY LTD by NuVista Energy Ltd.

NuVista Energy Ltd

Holdco Nuvo Group DG Ltd Warrants (01/05/2029)

Nuveen AMT-Free Municipal Value Fund

Nuwellis Inc

Nu Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) short percent of float has fallen 9.54% since its last report. The company recently reported that it has 175.10 million shares sold short, which is 4.74% of all regular shares that are available for trading. Based on its trading volume, it would take traders 6.77 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Nu Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730390414_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Nu Holdings has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Nu Holdings's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Nu Holdings's peer group average for short interest as a percentage of float is 0.90%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

How Is The Market Feeling About Nu Holdings?

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$64.00</td>
<td>$80.3K</td>
<td>12.0K</td>
<td>17.4K</td>
</tr>
<tr>
<td>AGNC</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>03/21/25</td>
<td>$8.00</td>
<td>$45.6K</td>
<td>122.1K</td>
<td>10.0K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/01/24</td>
<td>$15.50</td>
<td>$32.1K</td>
<td>1.1K</td>
<td>2.2K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$212.50</td>
<td>$99.0K</td>
<td>566</td>
<td>1.7K</td>
</tr>
<tr>
<td>COF</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$185.00</td>
<td>$152.8K</td>
<td>370</td>
<td>1.6K</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$70.00</td>
<td>$50.3K</td>
<td>356</td>
<td>1.0K</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$235.00</td>
<td>$28.0K</td>
<td>7.4K</td>
<td>637</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$82.50</td>
<td>$214.4K</td>
<td>13.7K</td>
<td>464</td>
</tr>
<tr>
<td>FUTU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$103.00</td>
<td>$57.0K</td>
<td>250</td>
<td>205</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$23.00</td>
<td>$37.8K</td>
<td>3.5K</td>
<td>153</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a call option sweep with bearish sentiment. It expires in 4 day(s) on November 1, 2024. Parties traded 1000 contract(s) at a $64.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $80.3K, with a price of $80.0 per contract. There were 12025 open contracts at this strike prior to today, and today 17421 contract(s) were bought and sold. 
• Regarding AGNC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGNC#NASDAQ">AGNC</a>), we observe a put option trade with neutral sentiment. It expires in 144 day(s) on March 21, 2025. Parties traded 2404 contract(s) at a $8.00 strike. The total cost received by the writing party (or parties) was $45.6K, with a price of $19.0 per contract. There were 122162 open contracts at this strike prior to today, and today 10066 contract(s) were bought and sold. 
• For NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we notice a call option sweep that happens to be bullish, expiring in 4 day(s) on November 1, 2024. This event was a transfer of 1001 contract(s) at a $15.50 strike. This particular call needed to be split into 31 different trades to become filled. The total cost received by the writing party (or parties) was $32.1K, with a price of $32.0 per contract. There were 1155 open contracts at this strike prior to today, and today 2296 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option trade with bearish sentiment. It expires in 4 day(s) on November 1, 2024. Parties traded 100 contract(s) at a $212.50 strike. The total cost received by the writing party (or parties) was $99.0K, with a price of $990.0 per contract. There were 566 open contracts at this strike prior to today, and today 1715 contract(s) were bought and sold. 
• Regarding COF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), we observe a call option trade with bearish sentiment. It expires in 18 day(s) on November 15, 2024. Parties traded 1470 contract(s) at a $185.00 strike. The total cost received by the writing party (or parties) was $152.8K, with a price of $104.0 per contract. There were 370 open contracts at this strike prior to today, and today 1620 contract(s) were bought and sold. 
• Regarding WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we observe a put option sweep with bearish sentiment. It expires in 81 day(s) on January 17, 2025. Parties traded 84 contract(s) at a $70.00 strike. This particular put needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $50.3K, with a price of $596.0 per contract. There were 356 open contracts at this strike prior to today, and today 1005 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a call option trade that happens to be bullish, expiring in 18 day(s) on November 15, 2024. This event was a transfer of 200 contract(s) at a $235.00 strike. The total cost received by the writing party (or parties) was $28.0K, with a price of $140.0 per contract. There were 7451 open contracts at this strike prior to today, and today 637 contract(s) were bought and sold. 
• For PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we notice a call option sweep that happens to be bullish, expiring in 81 day(s) on January 17, 2025. This event was a transfer of 320 contract(s) at a $82.50 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $214.4K, with a price of $670.0 per contract. There were 13775 open contracts at this strike prior to today, and today 464 contract(s) were bought and sold. 
• For FUTU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>), we notice a put option sweep that happens to be bearish, expiring in 32 day(s) on November 29, 2024. This event was a transfer of 50 contract(s) at a $103.00 strike. This particular put needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $57.0K, with a price of $1140.0 per contract. There were 250 open contracts at this strike prior to today, and today 205 contract(s) were bought and sold. 
• Regarding HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we observe a call option trade with bearish sentiment. It expires in 18 day(s) on November 15, 2024. Parties traded 68 contract(s) at a $23.00 strike. The total cost received by the writing party (or parties) was $37.8K, with a price of $557.0 per contract. There were 3534 open contracts at this strike prior to today, and today 153 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AGNC

COIN

FUTU

HOOD

PYPL

10 Financials Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$13.00</td>
<td>$28.5K</td>
<td>37.4K</td>
<td>2.3K</td>
</tr>
<tr>
<td>RELY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.00</td>
<td>$73.5K</td>
<td>402</td>
<td>420</td>
</tr>
<tr>
<td>PNC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$182.50</td>
<td>$30.0K</td>
<td>378</td>
<td>300</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$80.00</td>
<td>$26.0K</td>
<td>6.1K</td>
<td>245</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$5.00</td>
<td>$82.7K</td>
<td>886</td>
<td>220</td>
</tr>
<tr>
<td>MS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$102.00</td>
<td>$70.9K</td>
<td>219</td>
<td>209</td>
</tr>
<tr>
<td>UBS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$20.00</td>
<td>$229.5K</td>
<td>0</td>
<td>180</td>
</tr>
<tr>
<td>WFC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$60.00</td>
<td>$51.9K</td>
<td>17.1K</td>
<td>126</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$75.00</td>
<td>$117.7K</td>
<td>471</td>
<td>100</td>
</tr>
<tr>
<td>BX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$155.00</td>
<td>$27.9K</td>
<td>3.5K</td>
<td>52</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we observe a put option sweep with bearish sentiment. It expires in 21 day(s) on November 15, 2024. Parties traded 2027 contract(s) at a $13.00 strike. This particular put needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $14.0 per contract. There were 37469 open contracts at this strike prior to today, and today 2329 contract(s) were bought and sold. 
• Regarding RELY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELY#NASDAQ">RELY</a>), we observe a put option sweep with bullish sentiment. It expires in 84 day(s) on January 17, 2025. Parties traded 420 contract(s) at a $15.00 strike. This particular put needed to be split into 28 different trades to become filled. The total cost received by the writing party (or parties) was $73.5K, with a price of $175.0 per contract. There were 402 open contracts at this strike prior to today, and today 420 contract(s) were bought and sold. 
• For PNC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>), we notice a put option trade that happens to be bearish, expiring in 7 day(s) on November 1, 2024. This event was a transfer of 300 contract(s) at a $182.50 strike. The total cost received by the writing party (or parties) was $30.0K, with a price of $100.0 per contract. There were 378 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a call option sweep with bearish sentiment. It expires in 21 day(s) on November 15, 2024. Parties traded 50 contract(s) at a $80.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $520.0 per contract. There were 6173 open contracts at this strike prior to today, and today 245 contract(s) were bought and sold. 
• Regarding COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we observe a call option trade with bullish sentiment. It expires in 448 day(s) on January 16, 2026. Parties traded 4 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $82.7K, with a price of $20695.0 per contract. There were 886 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold. 
• For MS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on November 1, 2024. This event was a transfer of 47 contract(s) at a $102.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $70.9K, with a price of $1510.0 per contract. There were 219 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold. 
• Regarding UBS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBS#NYSE">UBS</a>), we observe a call option sweep with bullish sentiment. It expires in 203 day(s) on May 16, 2025. Parties traded 180 contract(s) at a $20.00 strike. This particular call needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $229.5K, with a price of $1275.0 per contract. There were 0 open contracts at this strike prior to today, and today 180 contract(s) were bought and sold. 
• For WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on November 15, 2024. This event was a transfer of 100 contract(s) at a $60.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $51.9K, with a price of $514.0 per contract. There were 17107 open contracts at this strike prior to today, and today 126 contract(s) were bought and sold. 
• For FUTU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>), we notice a call option sweep that happens to be bearish, expiring in 7 day(s) on November 1, 2024. This event was a transfer of 64 contract(s) at a $75.00 strike. This particular call needed to be split into 64 different trades to become filled. The total cost received by the writing party (or parties) was $117.7K, with a price of $1840.0 per contract. There were 471 open contracts at this strike prior to today, and today 100 contract(s) were bought and sold. 
• For BX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), we notice a call option sweep that happens to be bullish, expiring in 21 day(s) on November 15, 2024. This event was a transfer of 20 contract(s) at a $155.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.9K, with a price of $1372.0 per contract. There were 3531 open contracts at this strike prior to today, and today 52 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

RELY

10 Financials Stocks Whale Activity In Today's Session

Investors with a lot of money to spend have taken a bearish stance on Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NU, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 8 uncommon options trades for Nu Holdings.
This isn't normal.
The overall sentiment of these big-money traders is split between 25% bullish and 75%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $98,174, and 6 are calls, for a total amount of $540,938.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $17.0 for Nu Holdings during the past quarter. 
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Nu Holdings'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 Nu Holdings's whale trades within a strike price range from $15.0 to $17.0 in the last 30 days. 
<h3>Nu Holdings Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729697450_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.4</td>
<td>$0.36</td>
<td>$0.37</td>
<td>$17.00</td>
<td>$370.0K</td>
<td>4.9K</td>
<td>10.0K</td>
</tr>
<tr>
<td>NU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$0.78</td>
<td>$0.75</td>
<td>$0.77</td>
<td>$15.00</td>
<td>$62.9K</td>
<td>3.7K</td>
<td>1.5K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$0.84</td>
<td>$0.83</td>
<td>$0.84</td>
<td>$15.00</td>
<td>$41.9K</td>
<td>22.7K</td>
<td>1.6K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$0.85</td>
<td>$0.8</td>
<td>$0.8</td>
<td>$16.00</td>
<td>$40.0K</td>
<td>67.5K</td>
<td>726</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/25/24</td>
<td>$0.25</td>
<td>$0.23</td>
<td>$0.25</td>
<td>$15.00</td>
<td>$35.6K</td>
<td>1.1K</td>
<td>18.4K</td>
</tr>
</tbody>
</table>

<h3>About Nu Holdings</h3>
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.
<h3>Current Position of Nu Holdings</h3>
<ul>
<li>With a trading volume of 9,660,722, the price of NU is up by 2.3%, reaching $14.88.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 21 days from now.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
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. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
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 Nu Holdings options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Markets

What the Options Market Tells Us About Nu Holdings

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock&#39;s price, do they really matter?
Let&#39;s take a look at what these Wall Street heavyweights have to say about Nu Holdings Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nu#NYSE">NU</a>) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.
Nu currently has an average brokerage recommendation of 1.82, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 14 brokerage firms. An ABR of 1.82 approximates between Strong Buy and Buy.
Of the 14 recommendations that derive the current ABR, eight are Strong Buy, representing 57.1% of all recommendations.
<h2>Brokerage Recommendation Trends for NU</h2>
<img alt="Broker Rating Breakdown Chart for NU" class="chart" src="https://staticx-tuner.zacks.com/images/yesopchart/brokerage_bar/NU_10152024.png" style="width:100%" title="" /> 
The ABR suggests buying Nu, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.
Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five &quot;Strong Buy&quot; recommendations for every &quot;Strong Sell&quot; recommendation.
This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock&#39;s future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.
With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock&#39;s near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision.
<h2>Zacks Rank Should Not Be Confused With ABR</h2>
In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures.
Broker recommendations are the sole basis for calculating the ABR, which is typically displayed in decimals (such as 1.28). The Zacks Rank, on the other hand, is a quantitative model designed to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.
Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.
In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research.
Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.
There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.
<h2>Is NU Worth Investing In?</h2>
Looking at the earnings estimate revisions for Nu, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $0.41.
Analysts&#39; steady views regarding the company&#39;s earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.
The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Nu.
It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Nu.
<a href="https://www.zacks.com/stock/news/2350567/is-it-worth-investing-in-nu-nu-based-on-wall-street-s-bullish-views?cid=CS-BENZ-FT-fundamental_analysis|average_broker_rating-2350567">To read this article on Zacks.com click here.</a>

Earnings

Large Cap

News

Analyst Ratings

Is It Worth Investing in Nu Based on Wall Street's Bullish Views?

Legendary investor Warren Buffett has built Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>) into one of the most valuable companies in the world through a series of acquisitions and investments over the years, making the man known as the &#8220;Oracle of Omaha&#8221; one of the <a href="https://www.benzinga.com/general/movers-shakers/21/08/17298128/warren-buffett-turns-91-a-highlight-for-each-decade-of-his-life-1">most followed stock pickers.</a>
Buffett&#8217;s investments have paid off, with Berkshire Hathaway recently <a href="https://www.benzinga.com/top-stories/24/08/40604676/warren-buffetts-berkshire-hathaway-breaks-1-trillion-poll-points-to-big-pharma-not-tech-as-next-cont">joining the $1 trillion</a> market capitalization club. Investors who bought Berkshire Hathaway shares or followed Buffett's stock picks have done quite well over the years.
One area where following Buffett wouldn&#8217;t have paid off for investors is cryptocurrency.
What Happened: Leading cryptocurrency Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) hit <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37498047/exclusive-bitcoin-hits-new-all-time-high-heres-when-benzinga-readers-think-100k-milestone-">new all-time highs </a>of $73,750.07 in March.
While Bitcoin is down from all-time highs, the leading cryptocurrency is up 42.8% year-to-date in 2024 and up over 130% in the last year, moves celebrated by the crypto community.
One person likely not celebrating the move is Buffett, who is among<a href="https://www.benzinga.com/markets/cryptocurrency/22/04/26538722/warren-buffett-is-bitcoin-enemy-no-1-a-sociopathic-grandpa-from-omaha-says-peter-thiel" target="_blank" rel="noreferrer noopener">&nbsp;the leading vocal critics&nbsp;</a>of the cryptocurrency sector.
Buffett&#8217;s bearish take on Bitcoin led him to previously be labeled as Bitcoin&#8217;s enemy number one by entrepreneur Peter Thiel.
In January 2018, Buffett warned investors about investing in cryptocurrency.
&#8220;In terms of cryptocurrencies, generally, I can say with almost certainty that they come with a bad ending,&#8221; Buffett said at the time. &#8220;If I could buy a five-year put on every one of the cryptocurrencies, I&#8217;d be glad to do it but I would never short a dime&#8217;s worth.&#8221;
A few months later, Buffett took his feelings on Bitcoin further during an interview with&nbsp;<a href="https://www.cnbc.com/2018/05/05/warren-buffett-says-bitcoin-is-probably-rat-poison-squared.html" target="_blank" rel="noreferrer noopener">CNBC</a>.
Buffett also reiterated the thoughts of the late Berkshire Vice Chairman&nbsp;Charlie Munger&nbsp;that Bitcoin is &#8220;rat poison.&#8221; He later told CNBC anchor&nbsp;Becky Quick&nbsp;that cryptocurrency is &#8220;probably rat poison squared.&#8221;
The legendary investor has not bought cryptocurrencies directly and continues to speak out against the sector.&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/22/05/27208096/warren-buffett-now-owns-bitcoin-heres-how-the-oracle-of-omaha-got-exposure-3" target="_blank" rel="noreferrer noopener">Benzinga previously reported</a>&nbsp;that Buffett and Berkshire are shareholders in&nbsp;Nu Holdings&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), a crypto-friendly digital bank in Brazil. Nu Holdings has also launched several cryptocurrency products.
Nu Holdings also said previously it would allocate a portion of its cash to Bitcoin.
At the time of writing, Bitcoin has a market capitalization of $1.3 trillion. Berkshire Hathaway is valued at around $992 billion. Bitcoin is currently worth more than Buffett&#8217;s company.
Here&#8217;s a look at how investors in Bitcoin would have done since Buffett&#8217;s comments.
You may not be a billionaire like Warren Buffett, but you can uncover hidden gems in the stock market using our proprietary data and pattern recognition — <a href="https://www.benzinga.com/general/entertainment/24/10/41187322/benzingas-stock-whisper-index-5-stocks-investors-secretly-monitor-but-dont-talk-about-yet">check out five stocks flying under the radar that deserve your attention.</a>
Investing $1,000 in Bitcoin:&nbsp;While Buffett said he wouldn&#8217;t invest in Bitcoin and used the &#8220;rat poison squared&#8221; comparison, others may have disagreed and chosen to allocate a portion of their investments or holdings in the leading cryptocurrency.
Bitcoin traded between $9,695.12 and $9,964.50 on May 5, 2018 – the day of Buffett&#8217;s &#8220;rat poison squared&#8221; comment.
An investor could have purchased 0.1004 BTC at the coin&#8217;s high price of that day.
The $1,000 investment would be worth $6,600.38 today, based on a price of $65,740.81 for Bitcoin at the time of writing. This represents a return of 560.0% since Buffett&#8217;s comments.
For comparison, a $1,000 investment in Berkshire Hathaway could have bought 0.0034 BRK-A shares at the same time. The $1,000 investment would be worth $2,348.18 today, up 134.8%.
A $1,000 investment in the&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), which tracks the S&amp;P 500 Index, could have bought 3.75 shares of the popular ETF at the time of Buffett&#8217;s comments. The $1,000 investment would be worth $2,192.06 today, up 119.2%.
As investors can see, Bitcoin has outperformed both the S&amp;P 500 and Berkshire Hathaway since Buffett&#8217;s now famous quote about the leading cryptocurrency.
Buffett has said he wouldn&#8217;t touch Bitcoin even if it hit $25 per coin. However, those who bought the apex crypto when the legendary investor made his statement would be glad that they did.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41255580/satoshi-nakamoto-identity-remains-a-mystery-after-hbo-documentary-bronze-statue-celebrates">Satoshi Nakamoto Identity Remains A Mystery After HBO Documentary: Bronze Statue Celebrates Bitcoin Founder&#8217;s Anonymity – &#8216;We Are All Satoshi&#8217;</a></li>
</ul>
This article was previously published by Benzinga and has been updated.
Image created using artificial intelligence via Midjourney.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Education

$BTC

If You Invested $1,000 In Bitcoin When Warren Buffett Called It 'Rat Poison Squared,' Here's How Much You'd Have Today

Benzinga's options scanner has just identified more than 11 option transactions on Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), with a cumulative value of $1,152,917. Concurrently, our algorithms picked up 9 puts, worth a total of 1,171,442.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $12.0 to $14.0 for Nu Holdings during the past quarter. 
<h3>Volume &amp; Open Interest Trends</h3>
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 Nu Holdings'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 Nu Holdings's whale activity within a strike price range from $12.0 to $14.0 in the last 30 days. 
<h3>Nu Holdings Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728668044_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$2.02</td>
<td>$1.86</td>
<td>$1.91</td>
<td>$12.00</td>
<td>$515.7K</td>
<td style="text-align: right;">42</td>
<td>0</td>
</tr>
<tr>
<td>NU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$1.66</td>
<td>$1.65</td>
<td>$1.65</td>
<td>$14.00</td>
<td>$165.0K</td>
<td style="text-align: right;">0</td>
<td>1.5K</td>
</tr>
<tr>
<td>NU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$1.67</td>
<td>$1.65</td>
<td>$1.65</td>
<td>$14.00</td>
<td>$129.0K</td>
<td style="text-align: right;">0</td>
<td>5.0K</td>
</tr>
<tr>
<td>NU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$1.72</td>
<td>$1.65</td>
<td>$1.67</td>
<td>$14.00</td>
<td>$83.5K</td>
<td style="text-align: right;">0</td>
<td>2.3K</td>
</tr>
<tr>
<td>NU</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>05/16/25</td>
<td>$1.66</td>
<td>$1.64</td>
<td>$1.65</td>
<td>$14.00</td>
<td>$82.5K</td>
<td style="text-align: right;">0</td>
<td>500</td>
</tr>
</tbody>
</table>

<h3>About Nu Holdings</h3>
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.
In light of the recent options history for Nu Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Nu Holdings's Current Market Status</h3>
<ul>
<li>With a trading volume of 9,126,285, the price of NU is up by 1.23%, reaching $13.6.</li>
<li>Current RSI values indicate that the stock is may be approaching oversold.</li>
<li>Next earnings report is scheduled for 33 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Nu Holdings</h3>
1 market experts have recently issued ratings for this stock, with a consensus target price of $15.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from B of A Securities persists with their Neutral rating on Nu Holdings, maintaining a target price of $15. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Nu Holdings with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Looking At Nu Holdings's Recent Unusual Options Activity

Brazilian fintech Nu Holdings Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nu#NYSE">NU</a>) has only been trading publicly for under three years, but it has already managed to accumulate over 100 million customers in Latin America. The company, which offers digital banking solutions without brick-and-mortar locations through its NuBank platform, has also drawn the interest of Warren Buffett, instantly catapulting it into must-watch lists of investors everywhere as a newly popular&nbsp;bank stock. Buffett&#39;s Berkshire Hathaway Inc.&nbsp;held over 107 million shares of NU stock as of the end of the second quarter.
Nu shares fell by about 8% in the last week but remain up a whopping 86% over the past year. Based on analyst ratings, the company is currently categorized as a Moderate Buy and has a consensus price target of $14.08, representing 7.2% upside potential. Given that this increase would only roughly get the stock to where it was in mid-September, and particularly in light of how far it has risen in the last several months, investors may be wondering whether the time to get in on Nu Holdings has passed.
<h2>Earnings Performance Excels</h2>
Nu has a strong history of earnings performance in the last six quarters, including net income of $487 million for the most recent quarter. This represented EPS of 12 cents per share, topping analyst predictions of 10 cents. Revenue has also surged in recent quarters; in the second quarter of the year, Nu posted revenue of $2.8 billion, a full two-thirds higher than it was at the same time in 2023.
The company&#39;s return on equity has also been impressive, as it is currently annualized to 27%. It maintains a debt-to-equity ratio of 0.25, uncommonly low for a financial institution and perhaps indicating that has over-relied on equity to finance growth.
It appears that Nu is showing no signs of slowing its earnings growth. Analysts project that the company will see earnings climb by more than 51% this year.
<h2>Nu Holdings&#39; Customer Base Is Skyrocketing</h2>
What is behind Nu&#39;s rapid top- and bottom-line improvement? A key factor is the rapid increase to size of the company&#39;s customer base as it has expanded within and outside of Brazil. Two years ago the firm had about 65 million customers, and today it has well over 100 million. About one out of every five adults in Brazil&mdash;some 34 million people&mdash;have not typically had access to traditional banking. Nu&#39;s easy-to-access digital platform has rapidly opened up access to many of these individuals.
Nu is a leader in the fast-growing digital banking space in Latin America. In the last year, its customer growth has outpaced the five largest Brazilian incumbent banks combined. The company&#39;s international expansion is also accelerating. At the midpoint of the year, it had nearly 8 million customers in Mexico and 1.3 million Colombian customers.
<h2>Engaged Customers With Room to Expand</h2>
On top of a rapidly growing base of customers, Nu has managed to engage those customers in multiple ways. By midway through the year, customers had, on average, 4.1 products active simultaneously. This helped to drive an increase in monthly average revenue per active customer to $11.20.
Besides increasing the number of customers it serves, Nu has room to expand in loans and credit cards, two of its least-utilized products. Fewer than one in 10 Brazilian adults uses the company&#39;s loan products, and only about one in six has a Nu-branded credit card. This contrasts with the company&#39;s traditional bank account services, which include about a third of all Brazilians among account holders.
<h2>Nu Stock: Overvalued or Space to Grow?</h2>
Given its rapid growth in the last year, it&#39;s certainly possible that Nu Holdings&#39; most significant rally has already come and gone. The recent dip in stock price could be an indication of a larger trend to come, and the firm&#39;s forward P/E ratio of 32.0 is high.
However, the company&#39;s fundamentals&mdash;its earnings growth and expanding customer base in particular&mdash;show no signs of slowing as it picks up its international expansion. It&#39;s up to investors, then, to determine whether they feel continued growth in these areas might be reflected in a continued increase in share prices going forward.
The article &quot;<a href="https://www.marketbeat.com/originals/is-nu-holdings-overvalued-or-primed-for-more-growth/">Is Nu Holdings Overvalued or Primed for More Growth?</a>&quot; first appeared on MarketBeat.

Fintech news covering the emerging Financial Technology services sector

Fintech

Latin America

Price Target

Is Nu Holdings Overvalued or Primed for More Growth?

High-rolling investors have positioned themselves bullish on Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in NU often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 9 options trades for Nu Holdings. This is not a typical pattern.
The sentiment among these major traders is split, with 55% bullish and 44% bearish. Among all the options we identified, there was one put, amounting to $107,955, and 8 calls, totaling $591,788.
<h3>Expected Price Movements</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $7.0 and $16.0 for Nu Holdings, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Nu Holdings options trades today is 19492.43 with a total volume of 18,833.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Nu Holdings's big money trades within a strike price range of $7.0 to $16.0 over the last 30 days.
<h3>Nu Holdings Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727980479_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$0.63</td>
<td>$0.6</td>
<td>$0.63</td>
<td>$14.00</td>
<td>$150.9K</td>
<td>1.2K</td>
<td>5.0K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$0.64</td>
<td>$0.63</td>
<td>$0.63</td>
<td>$14.00</td>
<td>$133.3K</td>
<td>1.2K</td>
<td>2.6K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.4</td>
<td>$0.37</td>
<td>$0.37</td>
<td>$15.00</td>
<td>$130.8K</td>
<td>462</td>
<td>5.1K</td>
</tr>
<tr>
<td>NU</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$0.45</td>
<td>$0.42</td>
<td>$0.45</td>
<td>$12.00</td>
<td>$107.9K</td>
<td>60.2K</td>
<td>2.4K</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$0.38</td>
<td>$0.37</td>
<td>$0.38</td>
<td>$15.00</td>
<td>$59.2K</td>
<td>462</td>
<td>1.6K</td>
</tr>
</tbody>
</table>

<h3>About Nu Holdings</h3>
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.
<h3>Nu Holdings's Current Market Status</h3>
<ul>
<li>Trading volume stands at 23,957,841, with NU's price down by -0.95%, positioned at $13.1.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 41 days.</li>
</ul>
<h3>Expert Opinions on Nu Holdings</h3>
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $15.0.
Turn $1000 into $1270 in just 20 days?
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. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from B of A Securities persists with their Neutral rating on Nu Holdings, maintaining a target price of $15. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Nu Holdings, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Unpacking the Latest Options Trading Trends in Nu Holdings

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TIGR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$17.00</td>
<td>$27.5K</td>
<td>0</td>
<td>7.5K</td>
</tr>
<tr>
<td>FUTU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$150.00</td>
<td>$156.0K</td>
<td>1.3K</td>
<td>5.2K</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/04/24</td>
<td>$22.00</td>
<td>$26.0K</td>
<td>1.9K</td>
<td>1.7K</td>
</tr>
<tr>
<td>BX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$140.00</td>
<td>$270.0K</td>
<td>1.2K</td>
<td>1.5K</td>
</tr>
<tr>
<td>BAC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$40.00</td>
<td>$47.2K</td>
<td>5.2K</td>
<td>1.1K</td>
</tr>
<tr>
<td>HIG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$120.00</td>
<td>$28.7K</td>
<td>1.0K</td>
<td>391</td>
</tr>
<tr>
<td>MMC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$195.00</td>
<td>$242.1K</td>
<td>87</td>
<td>130</td>
</tr>
<tr>
<td>RKT</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$15.00</td>
<td>$36.4K</td>
<td>251</td>
<td>50</td>
</tr>
<tr>
<td>NU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$7.00</td>
<td>$26.5K</td>
<td>4.2K</td>
<td>49</td>
</tr>
<tr>
<td>MA</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/04/24</td>
<td>$482.50</td>
<td>$26.6K</td>
<td>10</td>
<td>22</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding TIGR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TIGR#NASDAQ">TIGR</a>), we observe a call option sweep with bullish sentiment. It expires in 15 day(s) on October 18, 2024. Parties traded 1100 contract(s) at a $17.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $27.5K, with a price of $25.0 per contract. There were 0 open contracts at this strike prior to today, and today 7509 contract(s) were bought and sold. 
• Regarding FUTU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>), we observe a call option sweep with bullish sentiment. It expires in 15 day(s) on October 18, 2024. Parties traded 306 contract(s) at a $150.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $156.0K, with a price of $510.0 per contract. There were 1339 open contracts at this strike prior to today, and today 5207 contract(s) were bought and sold. 
• For HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a call option sweep that happens to be bullish, expiring in 1 day(s) on October 4, 2024. This event was a transfer of 466 contract(s) at a $22.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.0K, with a price of $56.0 per contract. There were 1942 open contracts at this strike prior to today, and today 1708 contract(s) were bought and sold. 
• For BX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>), we notice a put option trade that happens to be bullish, expiring in 43 day(s) on November 15, 2024. This event was a transfer of 900 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $270.0K, with a price of $300.0 per contract. There were 1222 open contracts at this strike prior to today, and today 1500 contract(s) were bought and sold. 
• For BAC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), we notice a put option trade that happens to be bullish, expiring in 43 day(s) on November 15, 2024. This event was a transfer of 236 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $47.2K, with a price of $200.0 per contract. There were 5276 open contracts at this strike prior to today, and today 1123 contract(s) were bought and sold. 
• For HIG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>), we notice a call option sweep that happens to be neutral, expiring in 15 day(s) on October 18, 2024. This event was a transfer of 379 contract(s) at a $120.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $28.7K, with a price of $77.0 per contract. There were 1094 open contracts at this strike prior to today, and today 391 contract(s) were bought and sold. 
• For MMC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>), we notice a call option trade that happens to be bullish, expiring in 15 day(s) on October 18, 2024. This event was a transfer of 90 contract(s) at a $195.00 strike. The total cost received by the writing party (or parties) was $242.1K, with a price of $2690.0 per contract. There were 87 open contracts at this strike prior to today, and today 130 contract(s) were bought and sold. 
• Regarding RKT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>), we observe a call option sweep with bullish sentiment. It expires in 834 day(s) on January 15, 2027. Parties traded 50 contract(s) at a $15.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $36.4K, with a price of $730.0 per contract. There were 251 open contracts at this strike prior to today, and today 50 contract(s) were bought and sold. 
• Regarding NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we observe a call option sweep with bullish sentiment. It expires in 470 day(s) on January 16, 2026. Parties traded 39 contract(s) at a $7.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $680.0 per contract. There were 4232 open contracts at this strike prior to today, and today 49 contract(s) were bought and sold. 
• Regarding MA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), we observe a call option trade with neutral sentiment. It expires in 1 day(s) on October 4, 2024. Parties traded 22 contract(s) at a $482.50 strike. The total cost received by the writing party (or parties) was $26.6K, with a price of $1213.0 per contract. There were 10 open contracts at this strike prior to today, and today 22 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

TIGR

Nu Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) short percent of float has risen 116.52% since its last report. The company recently reported that it has 183.74 million shares sold short, which is 4.98% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.89 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Nu Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1727799317_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Nu Holdings has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Nu Holdings's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Nu Holdings's peer group average for short interest as a percentage of float is 0.94%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(NU) - Analyzing Nu Holdings's Short Interest

Despegar.com, Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DESP#NYSE">DESP</a>) ("Despegar" or the "Company"), Latin America's leading travel technology company and Nubank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), the largest digital banking platform outside Asia, today announced the integration of NuPay as a new payment option on Despegar's travel platform.
The collaboration between Nubank and Despegar offers multiple strategic benefits for both companies, including:
<ol>
<li>Despegar gains access to Nubank's 95.5 million Brazilian customers, broadening its target market significantly</li>
<li>Nubank's customers will gain access to Despegar's travel platform and services enjoying increased spending limits and enhanced purchasing power through a variety of payment options, including debit and credit</li>
<li>The partnership creates a more streamlined payment process, boosting Despegar's conversion rates while offering greater convenience to both companies' users</li>
</ol>
Combining Nubank's extensive customer base with Despegar's seamless travel services allows both companies to capitalize on their strengths delivering enhanced value to their customers and paves the way for new opportunities and an improved user experience.

DESP

Nubank And Despegar Announce Integration Of Nupay As A New Payment Option On Despegar's Travel Platform

In August, the Federal Reserve's preferred inflation gauge, the <a href="https://www.benzinga.com/news/econ-s/24/09/41066122/feds-preferred-inflation-gauge-comes-in-below-expectations-for-august-easing-concerns-about-rising-p">Personal Consumption Expenditures </a>(PCE) Price Index, rose 2.2% year-over-year, coming in below analyst expectations of 2.3%. That&#8217;s down from July's 2.5%.
The core PCE, which excludes volatile food and energy prices, increased by 2.7% year-over-year, matching forecasts and slightly higher than July's 2.6%.
This decline in overall inflation, despite steady core inflation, suggests a potential easing of price pressures, even as costs for services like housing and financial services continue to rise.
Also Read: <a href="https://www.benzinga.com/markets/equities/24/09/41063577/peter-thiel-offloads-over-1b-in-palantir-stock-in-2024-as-stock-more-than-doubles">Peter Thiel Offloads Over $1B In Palantir Stock In 2024 As Stock More Than Doubles</a>
Following Friday&#8217;s PCE report, these 14 stocks showed strong momentum in premarket trading, according <a href="https://pro.benzinga.com/">to Benzinga Pro:</a>
<ul>
<li>Bristol-Myers Squibb Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) rises 3.6% to $51.94.</li>
<li>PPD Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) climbs 3.8% to $134.14.</li>
<li>JD.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>) is up 3.3% to $39.38.</li>
<li>Equinor ASA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQNR#NYSE">EQNR</a>) gains 2.8% to $24.89.</li>
<li>Anheuser-Busch InBev SA/NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUD#NYSE">BUD</a>) advances 1.5% to $66.52.</li>
<li>NetEase Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTES#NASDAQ">NTES</a>) lifts 1.7% to $92.69.</li>
<li>Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) jumps 1.3% to $14.00.</li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rockets 1.1% to $257.16.</li>
<li>Alibaba Group Holding Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>) moves 0.9% higher to $105.80.</li>
<li>BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) ticks up 0.9% to $31.07.</li>
<li>PayPal Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>) soars 1.1% to $81.03.</li>
<li>General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) inches up 0.9% to $46.24.</li>
<li>Lennar Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>) posts a rise of 1.07% to $185.01.</li>
<li>Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) registers a boost of 0.7% to $110.69.</li>
</ul>
Rising costs in services, particularly in housing, financial services, and insurance, were the key drivers of inflation, pushing the overall PCE index higher. While service prices surged, goods prices saw a slight decline, helping to offset some of the inflationary pressure. Meanwhile, falling energy prices, especially gasoline, provided additional relief compared to previous periods of stronger inflationary impact from energy.
Food prices increased modestly, primarily in off-premises consumption like groceries, but their effect on inflation was smaller compared to services. 
Core inflation, which excludes food and energy, remained steady due to ongoing price increases in durable goods and essential services. Despite minor declines in goods prices, rising service costs <a href="https://www.benzinga.com/topic/inflation">kept core inflation elevated</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/asia/24/09/41066338/alibaba-jd-com-strike-deal-to-open-ecosystems-amid-slowing-growth-and-chinas-antitrust-pressure">Alibaba, JD.com Strike Deal To Open Ecosystems Amid Slowing Growth And China&#8217;s Antitrust Pressure</a></li>
</ul>
Photo: Shutterstock.

Econ #s

Movers

BABA

EQNR

NTES

Citigourp Global Markets 2% Protected Notes Linked To The Djia

TSLA

14 Stocks Gain Momentum As August Inflation Comes In Below Expectations

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/04/24</td>
<td>$13.50</td>
<td>$50.0K</td>
<td>109</td>
<td>5.0K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$65.00</td>
<td>$25.2K</td>
<td>24.6K</td>
<td>1.5K</td>
</tr>
<tr>
<td>SQ</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$67.50</td>
<td>$496.0K</td>
<td>64</td>
<td>1.0K</td>
</tr>
<tr>
<td>FHN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$17.00</td>
<td>$143.0K</td>
<td>246</td>
<td>1.0K</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$47.50</td>
<td>$51.5K</td>
<td>2.2K</td>
<td>580</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/18/26</td>
<td>$7.00</td>
<td>$46.5K</td>
<td>7.4K</td>
<td>412</td>
</tr>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$190.00</td>
<td>$42.1K</td>
<td>646</td>
<td>361</td>
</tr>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$82.50</td>
<td>$243.9K</td>
<td>19</td>
<td>309</td>
</tr>
<tr>
<td>PRU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$115.00</td>
<td>$90.2K</td>
<td>1.5K</td>
<td>153</td>
</tr>
<tr>
<td>JPM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$190.00</td>
<td>$37.3K</td>
<td>3.4K</td>
<td>42</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we observe a put option sweep with bearish sentiment. It expires in 14 day(s) on October 4, 2024. Parties traded 5000 contract(s) at a $13.50 strike. This particular put needed to be split into 50 different trades to become filled. The total cost received by the writing party (or parties) was $50.0K, with a price of $10.0 per contract. There were 109 open contracts at this strike prior to today, and today 5051 contract(s) were bought and sold. 
• For C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we notice a call option sweep that happens to be bearish, expiring in 28 day(s) on October 18, 2024. This event was a transfer of 300 contract(s) at a $65.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $25.2K, with a price of $84.0 per contract. There were 24630 open contracts at this strike prior to today, and today 1534 contract(s) were bought and sold. 
• Regarding SQ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQ#NYSE">SQ</a>), we observe a put option trade with bullish sentiment. It expires in 56 day(s) on November 15, 2024. Parties traded 1000 contract(s) at a $67.50 strike. The total cost received by the writing party (or parties) was $496.0K, with a price of $496.0 per contract. There were 64 open contracts at this strike prior to today, and today 1058 contract(s) were bought and sold. 
• Regarding FHN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FHN#NYSE">FHN</a>), we observe a put option trade with bearish sentiment. It expires in 56 day(s) on November 15, 2024. Parties traded 1000 contract(s) at a $17.00 strike. The total cost received by the writing party (or parties) was $143.0K, with a price of $143.0 per contract. There were 246 open contracts at this strike prior to today, and today 1000 contract(s) were bought and sold. 
• For AFRM (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), we notice a call option trade that happens to be bearish, expiring in 28 day(s) on October 18, 2024. This event was a transfer of 250 contract(s) at a $47.50 strike. The total cost received by the writing party (or parties) was $51.5K, with a price of $206.0 per contract. There were 2222 open contracts at this strike prior to today, and today 580 contract(s) were bought and sold. 
• Regarding SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a call option sweep with bearish sentiment. It expires in 636 day(s) on June 18, 2026. Parties traded 150 contract(s) at a $7.00 strike. This particular call needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $46.5K, with a price of $310.0 per contract. There were 7412 open contracts at this strike prior to today, and today 412 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a put option trade that happens to be bearish, is expiring today. Parties traded 20 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $42.1K, with a price of $2105.0 per contract. There were 646 open contracts at this strike prior to today, and today 361 contract(s) were bought and sold. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a put option sweep with bearish sentiment. It expires in 455 day(s) on December 19, 2025. Parties traded 173 contract(s) at a $82.50 strike. This particular put needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $243.9K, with a price of $1410.0 per contract. There were 19 open contracts at this strike prior to today, and today 309 contract(s) were bought and sold. 
• For PRU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>), we notice a call option trade that happens to be bullish, is expiring today. Parties traded 148 contract(s) at a $115.00 strike. The total cost received by the writing party (or parties) was $90.2K, with a price of $610.0 per contract. There were 1547 open contracts at this strike prior to today, and today 153 contract(s) were bought and sold. 
• For JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we notice a call option trade that happens to be bearish, is expiring today. Parties traded 19 contract(s) at a $190.00 strike. The total cost received by the writing party (or parties) was $37.3K, with a price of $1966.0 per contract. There were 3480 open contracts at this strike prior to today, and today 42 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AFRM

SOFI

Across the recent three months, 10 analysts have shared their insights on Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), expressing a variety of opinions spanning from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts have set 12-month price targets for Nu Holdings, revealing an average target of $15.42, a high estimate of $17.00, and a low estimate of $13.50. This upward trend is evident, with the current average reflecting a 12.06% increase from the previous average price target of $13.76.
<img src="https://www.benzinga.com/files/images/story/2024/1726164074_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
A clear picture of Nu Holdings's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jason Kupferberg</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$12.80</td>
</tr>
<tr>
<td>Domingos Falavina</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$15.00</td>
<td>$14.50</td>
</tr>
<tr>
<td>John Coffey</td>
<td>Barclays</td>
<td>Raises</td>
<td>Overweight</td>
<td>$17.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>James Friedman</td>
<td>Susquehanna</td>
<td>Maintains</td>
<td>Positive</td>
<td>$16.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Thiago Batista</td>
<td>UBS</td>
<td>Announces</td>
<td>Neutral</td>
<td>$13.50</td>
<td>-</td>
</tr>
<tr>
<td>Domingos Falavina</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$14.50</td>
<td>$12.00</td>
</tr>
<tr>
<td>James Friedman</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Positive</td>
<td>$16.00</td>
<td>$14.00</td>
</tr>
<tr>
<td>Mike Niehuser</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$17.00</td>
<td>$15.00</td>
</tr>
<tr>
<td>John Coffey</td>
<td>Barclays</td>
<td>Announces</td>
<td>Overweight</td>
<td>$15.00</td>
<td>-</td>
</tr>
<tr>
<td>Inigo Vega</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Buy</td>
<td>$15.20</td>
<td>$10.80</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Nu Holdings. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Nu Holdings compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Nu Holdings's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Nu Holdings's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/NU/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Nu Holdings analyst ratings.</a>
<h2>Delving into Nu Holdings's Background</h2>
Nu Holdings Ltd is engaged in providing digital banking services. It offers several financial services such as Credit cards, Personal Account, Investments, Personal Loans, Insurance, Mobile payments, Business Accounts, and Rewards. The company earns the majority of its revenue in Brazil.
<h3>Unraveling the Financial Story of Nu Holdings</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Nu Holdings displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 55.21%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Financials sector.
Net Margin: Nu Holdings's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 23.37%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Nu Holdings's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 7.1% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Nu Holdings's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.1%, the company showcases efficient use of assets and strong financial health.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.26.
<h2>The Significance of Analyst Ratings Explained</h2>
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Landscape: 10 Takes On Nu Holdings

B of A Securities analyst Jason Kupferberg maintains Nu Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) with a Neutral and raises the price target from $12.8 to $15.

B of A Securities Maintains Neutral on Nu Holdings, Raises Price Target to $15

These ten large-cap stocks were the best performers in August. Are they in your portfolio?
<ol>
<li>Affirm Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>) shares escalated 66.58% in August. It reported&nbsp;strong&nbsp;fourth-quarter&nbsp;earnings and <a href="https://www.benzinga.com//node/40630056" target="_blank" rel="noreferrer noopener">upbeat&nbsp;first-quarter&nbsp;guidance</a>.</li>
<li>CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) stock jumped 34.99%. The company reported better-than-expected&nbsp;second-quarter&nbsp;results, and analysts boosted <a href="https://www.benzinga.com//node/40528470" target="_blank" rel="noreferrer noopener">stock price forecasts</a>.</li>
<li>Fortinet, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTNT#NASDAQ">FTNT</a>) shares rose 34.11%. It reported strong second-quarter results and <a href="https://www.benzinga.com//node/40599688" target="_blank" rel="noreferrer noopener">issued&nbsp;above-estimate guidance</a>.</li>
<li>Nu Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) stock upped 29.95%. The company reported strong&nbsp;<a href="https://www.benzinga.com//node/40368174" target="_blank" rel="noreferrer noopener">results for the&nbsp;second quarter</a>.</li>
<li>Kellanova (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/K#NYSE">K</a>) stock upped 29.91%. The company inked a deal to be bought by privately held <a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener">Mars</a><a href="https://www.benzinga.com//node/40364761" target="_blank" rel="noreferrer noopener"> for&nbsp;$83.50&nbsp;per share</a>.</li>
<li>Nutanix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) stock escalated 28.96%. It reported&nbsp;fourth-quarter results, and many analysts&nbsp;<a href="https://www.benzinga.com//node/40626089" target="_blank" rel="noreferrer noopener">boosted the stock's price target</a>.</li>
<li>Aspen Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZPN#NASDAQ">AZPN</a>) shares rose 28.64%. The company reported better-than-<a href="https://www.benzinga.com//node/40226872" target="_blank" rel="noreferrer noopener">expected&nbsp;fourth-quarter results</a>.</li>
<li>MercadoLibre, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MELI#NASDAQ">MELI</a>) stock rocketed 28.37%.</li>
<li>Shopify Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NYSE">SHOP</a>) shares were up 27.33%. It posted a strong earnings report and several analysts&nbsp;<a href="https://www.benzinga.com//node/40268815" target="_blank" rel="noreferrer noopener">revised the price target</a>.</li>
<li>Starbucks Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) stock was up 25.91%. Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) CEO and Chairman Brian Niccol was named Starbucks' new Chairman and <a href="https://www.benzinga.com//node/40338228" target="_blank" rel="noreferrer noopener">Chief Executive Officer, effective September 9</a>.</li>
</ol>
Also Read:
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/09/40764325/intel-moderna-and-dollar-general-were-among-top-10-large-cap-losers-in-august-are-the-others-in-yo">Intel, Moderna And Dollar General Were Among Top 10 Large Cap Losers In August: Are The Others In Your Portfolio?</a></li>
</ul>
Photo via Shutterstock.

AZPN

CAVA

FTNT

MELI

NTNX

SBUX

SHOP

Affirm, Shopify And Starbucks Were Among Top 10 Large Cap Best Performers For August: Are The Others In Your Portfolio?

WIIM

BBDO

BBVA

CFBK

CPBI

IROQ

OPOF

SMFG

VBFC

Shares of banking companies are trading lower amid overall market weakness as investors react to jobs data.

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$12.00</td>
<td>$349.6K</td>
<td>39.8K</td>
<td>4.6K</td>
</tr>
<tr>
<td>COF</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$145.00</td>
<td>$78.7K</td>
<td>3.2K</td>
<td>3.0K</td>
</tr>
<tr>
<td>RILY</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/13/24</td>
<td>$6.00</td>
<td>$35.0K</td>
<td>128</td>
<td>2.6K</td>
</tr>
<tr>
<td>HOOD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/30/24</td>
<td>$20.50</td>
<td>$36.5K</td>
<td>4.8K</td>
<td>1.4K</td>
</tr>
<tr>
<td>CRBG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$29.00</td>
<td>$67.5K</td>
<td>6.8K</td>
<td>500</td>
</tr>
<tr>
<td>COIN</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$202.50</td>
<td>$42.0K</td>
<td>1.0K</td>
<td>349</td>
</tr>
<tr>
<td>PYPL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$95.00</td>
<td>$27.0K</td>
<td>21.3K</td>
<td>209</td>
</tr>
<tr>
<td>MTB</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$165.00</td>
<td>$66.8K</td>
<td>178</td>
<td>102</td>
</tr>
<tr>
<td>AXP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$155.00</td>
<td>$58.0K</td>
<td>0</td>
<td>5</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For NU (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>), we notice a call option trade that happens to be bearish, expiring in 137 day(s) on January 17, 2025. This event was a transfer of 999 contract(s) at a $12.00 strike. The total cost received by the writing party (or parties) was $349.6K, with a price of $350.0 per contract. There were 39838 open contracts at this strike prior to today, and today 4626 contract(s) were bought and sold. 
• Regarding COF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), we observe a call option sweep with bearish sentiment. It expires in 46 day(s) on October 18, 2024. Parties traded 125 contract(s) at a $145.00 strike. This particular call needed to be split into 33 different trades to become filled. The total cost received by the writing party (or parties) was $78.7K, with a price of $630.0 per contract. There were 3232 open contracts at this strike prior to today, and today 3081 contract(s) were bought and sold. 
• Regarding RILY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RILY#NASDAQ">RILY</a>), we observe a put option sweep with bearish sentiment. It expires in 11 day(s) on September 13, 2024. Parties traded 200 contract(s) at a $6.00 strike. This particular put needed to be split into 27 different trades to become filled. The total cost received by the writing party (or parties) was $35.0K, with a price of $175.0 per contract. There were 128 open contracts at this strike prior to today, and today 2621 contract(s) were bought and sold. 
• Regarding HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on August 30, 2024. Parties traded 779 contract(s) at a $20.50 strike. This particular put needed to be split into 52 different trades to become filled. The total cost received by the writing party (or parties) was $36.5K, with a price of $47.0 per contract. There were 4899 open contracts at this strike prior to today, and today 1477 contract(s) were bought and sold. 
• For CRBG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRBG#NYSE">CRBG</a>), we notice a call option sweep that happens to be bearish, expiring in 46 day(s) on October 18, 2024. This event was a transfer of 500 contract(s) at a $29.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $67.5K, with a price of $135.0 per contract. There were 6841 open contracts at this strike prior to today, and today 500 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a put option trade that happens to be bullish, expiring in 3 day(s) on August 30, 2024. This event was a transfer of 20 contract(s) at a $202.50 strike. The total cost received by the writing party (or parties) was $42.0K, with a price of $2100.0 per contract. There were 1006 open contracts at this strike prior to today, and today 349 contract(s) were bought and sold. 
• Regarding PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we observe a call option trade with bearish sentiment. It expires in 501 day(s) on January 16, 2026. Parties traded 41 contract(s) at a $95.00 strike. The total cost received by the writing party (or parties) was $27.0K, with a price of $660.0 per contract. There were 21324 open contracts at this strike prior to today, and today 209 contract(s) were bought and sold. 
• For MTB (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>), we notice a call option sweep that happens to be bullish, expiring in 18 day(s) on September 20, 2024. This event was a transfer of 88 contract(s) at a $165.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $66.8K, with a price of $760.0 per contract. There were 178 open contracts at this strike prior to today, and today 102 contract(s) were bought and sold. 
• For AXP (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>), we notice a call option trade that happens to be bullish, expiring in 837 day(s) on December 18, 2026. This event was a transfer of 5 contract(s) at a $155.00 strike. The total cost received by the writing party (or parties) was $58.0K, with a price of $11600.0 per contract. There were 0 open contracts at this strike prior to today, and today 5 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

CRBG

RILY

9 Financials Stocks Whale Activity In Today's Session

Nu Holdings's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NU#NYSE">NU</a>) short percent of float has fallen 4.38% since its last report. The company recently reported that it has 88.57 million shares sold short, which is 2.4% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.59 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Nu Holdings Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1724940912_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Nu Holdings has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Nu Holdings's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Nu Holdings's peer group average for short interest as a percentage of float is 0.91%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Nu Holdings's Recent Short Interest

Morgan Stanley screens for quality cyclicals as economic surprises, yields back upgrade

BLOK: Crypto Stocks Break Out Ahead Of Election (Rating Upgrade)

In a report released today, Inigo Vega from Jefferies reiterated a Buy rating on Nu Holdings (NU – Research Report). The company's shares closed la...

Nu Holdings (NU) Receives a Buy from Jefferies

IWP: Good For Tactical Allocation, Average In The Long Term

White Falcon Capital Q3 2024 Partner's Letter

Artisan Global Opportunities Fund Q3 2024 Commentary

Nu Holdings: A Formidable CEO Interview And New Risks

Why Some Investors Should Consider Buying Nu Holdings Stock

Bullish option flow detected in Nu Holdings (NU) with 39,471 calls trading, 1.5x expected, and implied vol increasing over 1 point to 50.60%. Dec-2...

Comments

Nu Holdings

Nu Holdings (NU) Options

Nu Holdings (NYSE:NU) Stock, Chaîne d'Options

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL