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Investors Buy Large Volume of Call Options on Chime Financial (NASDAQ:CHYM)

Chime Financial logo with Financial Services background

Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) was the target of unusually large options trading on Wednesday. Stock investors purchased 25,284 call options on the stock. This is an increase of 219% compared to the typical daily volume of 7,921 call options.

Chime Financial Trading Up 12.7%

CHYM stock traded up $3.67 during trading on Wednesday, hitting $32.67. 4,726,574 shares of the company's stock traded hands, compared to its average volume of 5,305,066. Chime Financial has a 52 week low of $28.21 and a 52 week high of $44.94.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Chime Financial to a "hold" rating in a research report on Saturday.

Check Out Our Latest Stock Report on Chime Financial

About Chime Financial

(Get Free Report)

Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company's model is designed to eliminate common fees and simplify access to basic financial services. Chime does not charge overdraft fees, monthly service fees, or require minimum balances.

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