Affirm Finance options activity spiked 40% today, largely on call buying ahead of next week’s investor presentation. The implied volatility jump suggests traders anticipate significant price movement. Apex Bank filed intent-to-use applications with the USPTO to register ASPIRE BANK word and design marks for banking and financing services in August 2019. In February 2020, CC Serve opposed these marks, alleging a likelihood of confusion with CC Serve’s mark ASPIRE for credit card services. The TTAB sustained the opposition, and Apex Bank appealed. Affirm Holdings, Inc. (NASDAQ: AFRM ) is one of the stocks Jim Cramer put under the microscope. A caller asked whether they should buy the dip, hold, or sell shares of the stock. In response, Cramer said: Institutional ownership in Affirm Finance has risen to 68%, indicating growing confidence in its business model. This could support higher valuation multiples if macroeconomic headwinds ease.
