Chinese-based online brokerage firm UP Fintech Holding Limited (TIGR) has soared over the past year, gaining 56%. One trader sees shares pulling back in 2025.
That’s based on the January 2026 $4.50 puts. With 449 days until expiration, 6,355 contracts traded compared to a prior open interest of 158, for a 40-fold rise in volume on the trade. The buyer of the puts paid $0.90 to make the bearish bet.
UP Fintech shares recently traded for about $6.50, so the stock would need to decline by $2, or about 30%, for the option to move in-the-money.
UP Fintech shares are already in a freefall since peaking in September at $14.48. A further downside from here looks likely, given the parabolic move higher the UP Fintech saw last month.
Operationally, the company has had a mixed year, with revenues up 30%, but earnings are down over 80%.
Action to take: The price chart tells the tale. UP Fintech had a parabolic move up. It’s still coming down. It should drop back to its prior trading range in the $5 area over the coming weeks. Investors interested in brokerage firms have less volatile opportunities elsewhere.
For traders, the January 2026 $4.50 puts have more than enough time for the parabolic decline to finish up. The puts can likely still deliver high double-digit returns or better from here. More aggressive traders can use a closer strike date.
Disclosure: The author of this article has no position in the company mentioned here, but may trade after the next 72 hours. The author receives no compensation from any company mentioned in this article.