Financiers with a great deal of cash to invest have actually taken a bearish position on Dave (NASDAQ: DAVE).
And retail traders must understand.
We observed this today when the positions appeared on openly readily available alternatives history that we track here at Benzinga.
Whether these are organizations or simply rich people, we do not understand. However when something this huge occurs with DAVE, it frequently implies someone understands something will occur.
Today, Benzinga’s alternatives scanner found 10 alternatives trades for Dave
This isn’t typical.
The general belief of these big-money traders is divided in between 10% bullish and 60%, bearish.
Out of all of the alternatives we discovered, there was 1 put, for an overall quantity of $30,800, and 9, calls, for an overall quantity of $308,362.
Anticipated Cost Variety
Examining the Volume and Open Interest in these agreements, it appears that the huge gamers have actually been considering a cost window from $195.0 to $210.0 for Dave throughout the previous quarter.
Volume & & Open Interest Advancement
In regards to liquidity and interest, the mean open interest for Dave alternatives trades today is 2961.5 with an overall volume of 9,593.00.
In the following chart, we have the ability to follow the advancement of volume and open interest of call and put alternatives for Dave’s huge cash trades within a strike rate series of $195.0 to $210.0 over the last thirty days.
Dave Alternative Volume And Open Interest Over Last thirty days
Most Significant Options Identified:
| Sign | PUT/CALL | Trade Type | Belief | Exp. Date | Ask | Quote | Cost | Strike Cost | Overall Trade Cost | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVE | CALL | SWEEP | NEUTRAL | 11/21/25 | $ 5.4 | $ 4.6 | $ 5.34 | $ 195.00 | $ 49.6 K | 5.5 K | 1.1 K |
| DAVE | CALL | SWEEP | BEARISH | 11/21/25 | $ 6.4 | $ 3.5 | $ 4.28 | $ 195.00 | $ 42.2 K | 5.5 K | 514 |
| DAVE | CALL | SWEEP | BEARISH | 11/21/25 | $ 5.0 | $ 4.4 | $ 4.88 | $ 195.00 | $ 38.7 K | 5.5 K | 749 |
| DAVE | CALL | SWEEP | BEARISH | 11/21/25 | $ 5.4 | $ 5.0 | $ 5.2 | $ 195.00 | $ 36.8 K | 5.5 K | 1.1 K |
| DAVE | CALL | SWEEP | NEUTRAL | 11/21/25 | $ 4.7 | $ 4.2 | $ 4.39 | $ 195.00 | $ 31.3 K | 5.5 K | 975 |
About Dave
Dave Inc is a monetary services business. It is taken part in using banking app that uses its clients banking, monetary insights, overdraft defense, developing credit and finding side gigs.
Following our analysis of the alternatives activities related to Dave, we pivot to a better take a look at the business’s own efficiency.
Present Position of Dave
- With a trading volume of 256,991, the rate of DAVE is down by -7.69%, reaching $189.52.
- Present RSI worths show that the stock is might be approaching oversold.
- Next profits report is arranged for 105 days from now.
Expert Expert Scores for Dave
An overall of 5 expert experts have actually provided their take on this stock in the last thirty days, setting a typical rate target of $306.4.
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* An expert from B. Riley Securities has actually modified its ranking downward to Purchase, changing the rate target to $297.
* An expert from Barrington Research study continues with their Outperform ranking on Dave, preserving a target rate of $290.
* Preserving their position, an expert from People continues to hold a Market Outperform ranking for Dave, targeting a cost of $310.
* An expert from Criteria continues with their Buy ranking on Dave, preserving a target rate of $345.
* Preserving their position, an expert from Barrington Research study continues to hold a Outperform ranking for Dave, targeting a cost of $290.
Alternatives are a riskier possession compared to simply trading the stock, however they have greater earnings capacity. Major alternatives traders handle this threat by informing themselves daily, scaling in and out of trades, following more than one indication, and following the marketplaces carefully.
If you wish to remain upgraded on the current alternatives trades for Dave, Benzinga Pro provides you real-time alternatives trades signals.