Deep-pocketed investors have taken a bearish approach towards UP Fintech Holding TIGRand this is something that market participants should not ignore. Our tracking of Benzinga’s public options filings today revealed this important move. The identities of these investors remain unknown, but such a big move in TIGR usually suggests that something big is about to happen.
We gleaned this information from our observations today when Benzinga’s options scanner highlighted 13 extraordinary options activity for UP Fintech Holding. This level of activity is extraordinary.
The general mood among these heavyweight investors is split, with 30% of them optimistic and 61% bearish. Of these notable options, 3 are puts, totaling $118,812, and 10 are calls, totaling $780,119.
Expected price range
Analyzing the volume and open interest in these contracts, it appears that the big players are eyeing a price window of $4.0 to $17.0 for UP Fintech Holding in the latest quarter.
Volume and Open Interest Trends
In the current trading environment, the average open interest for UP Fintech Holding’s options stands at 3,918.91, with total volume reaching 8,600.00. The attached chart depicts the progression of call and put volume and open interest for high-value trades in UP Fintech Holding, located within the strike price range of $4.0 to $17.00, $0, in the last 30 days.
Analysis of UP Fintech Holding Options Activity: Last 30 Days
Largest options trades observed:
| Symbol | PUT/CALL | Type of business | Feeling | Exp. Date | Ask | Offer | Price | Strike price | Total commercial price | Open interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TIGR | CALL | SWEEP | BEARISH | 12/20/24 | $0.75 | $0.65 | $0.65 | $15.00 | $229.2k | 233 | 3.5K |
| TIGR | CALL | SWEEP | BEARISH | 04/17/25 | $2.9 | $2.5 | $2.5 | $9.00 | $125.0,000 | 987 | 5 |
| TIGR | CALL | SWEEP | BEARISH | 10/18/24 | $1.3 | $1.25 | $1.25 | $8.00 | $123.7k | 17.8K | 994 |
| TIGR | CALL | TRADE | BULLISH | 15/11/24 | $4.0 | $3.8 | $4.01 | $5.00 | $80.2k | 2.3K | 504 |
| TIGR | PUT | SWEEP | BULLISH | 12/20/24 | $2.4 | $2.3 | $2.3 | $9.00 | $46.0,000 | 28 | 201 |
About UP Fintech Holding
UP Fintech Holding Ltd is an online brokerage focused on Chinese investors. Its trading platform allows investors to trade stocks and other financial instruments on multiple stock exchanges and other derivatives. The Company provides brokerage and value-added services to its clients, including trade order placement and execution, margin financing, account management, investor education, community discussions and customer support.
Current position of UP Fintech Holding
- Trading volume stands at 8,387,090, with TIGR price down -11.57%, positioned at $8.51.
- RSI indicators show that the stock could be overbought.
- Announcement of results expected in 47 days.
Unusual Options Activity Detected: Smart Money on the Move
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