Traders purchased 116,335 Nu Holdings Ltd. call options on Wednesday. This volume marks a 61% increase over the average daily volume of 72,111 call options. This surge in call option buying suggests traders anticipate a future stock price increase.
Militia Capital Partners LP recently acquired 80,000 Nu Holdings shares. Institutional investors and hedge funds own 84.02% of the company's stock. This institutional ownership, combined with the call options surge, could signal positive sentiment for the company's future performance.