Schaeffer's Sentiment Snapshot: MasterCard Incorporated (MA)
CINCINNATI--(BUSINESS WIRE)--While there may be "some things money can't buy," MasterCard Incorporated (NYSE: MA) options aren't in that category. In fact, options players proved that point yesterday, with both bullish and bearish bettors flocking to the credit card king.
As reported in this morning's Opening View, MA saw about 15,600 calls cross the tape, more than doubling its average daily volume of fewer than 7,000 contracts. However, it was the security's puts that garnered the most attention, with almost 30,000 contracts changing hands – more than 4.5 times the average daily volume of fewer than 6,500 contracts.
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