<p>Deep-pocketed investors have adopted a bullish approach towards Figma (NYSE:FIG), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in FIG usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 48 extraordinary options activities for Figma. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 45% leaning bullish and 45% bearish. Among these notable options, 29 are puts, totaling $2,692,098, and 19 are calls, amounting to $1,201,238.</p>
<h3>Projected Price Targets</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $12.5 to $55.0 for Figma during the past quarter. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Figma's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Figma's whale trades within a strike price range from $12.5 to $55.0 in the last 30 days. </p>
<h3>Figma Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1770231632_0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="Options Call Chart" original-src="https://imageproxy.pbkrs.com/https://www.benzinga.com/files/images/story/2026/1770231632_0.png"/></p>

<h3>Largest Options Trades Observed:</h3>
<p></p><table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th align="right"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>FIG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$21.3</td>
<td>$20.95</td>
<td>$21.0</td>
<td>$40.00</td>
<td>$1.0M</td>
<td>1.5K</td>
<td align="right">3</td>
</tr>
<tr>
<td>FIG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$3.9</td>
<td>$3.9</td>
<td>$3.9</td>
<td>$20.00</td>
<td>$195.0K</td>
<td>6.9K</td>
<td align="right">879</td>
</tr>
<tr>
<td>FIG</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/15/27</td>
<td>$21.7</td>
<td>$20.65</td>
<td>$20.85</td>
<td>$40.00</td>
<td>$173.0K</td>
<td>1.5K</td>
<td align="right">929</td>
</tr>
<tr>
<td>FIG</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>04/17/26</td>
<td>$3.55</td>
<td>$3.35</td>
<td>$3.55</td>
<td>$20.00</td>
<td>$159.5K</td>
<td>123</td>
<td align="right">452</td>
</tr>
<tr>
<td>FIG</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/21/28</td>
<td>$7.55</td>
<td>$7.55</td>
<td>$7.55</td>
<td>$30.00</td>
<td>$117.7K</td>
<td>1.6K</td>
<td align="right">175</td>
</tr>
</tbody>
</table><p></p>
<h3>About Figma</h3>
<p>Figma Inc is engaged in transforming ideas into digital products and experiences. The group focuses on the entire software creation lifecycle, enabling it to quickly launch new products on Figma's browser-based platform and reinforcing its belief that design extends well beyond a single step or role. The company adopts an expansive view, as design is more than how something looks, feels, or works. It derives its revenue from sales of subscriptions for access to its platform.</p>
<p>In light of the recent options history for Figma, it's now appropriate to focus on the company itself. We aim to explore its current performance.</p>
<h3>Current Position of Figma</h3>
<ul>
<li>Currently trading with a volume of 18,305,466, the FIG's price is up by 2.15%, now at $21.04. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 14 days.</li>
</ul>
<h3>What Analysts Are Saying About Figma</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $43.75.</p>
<ul>
<li>In a positive move, an analyst from Wells Fargo has upgraded their rating to Overweight and adjusted the price target to $52. </li>
<li>In a cautious move, an analyst from Stifel downgraded its rating to Hold, setting a price target of $40. </li>
<li>Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on Figma with a target price of $35. </li>
<li>Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on Figma with a target price of $48. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>

FIGG

<p>Deep-pocketed investors are showing a bullish trend towards Figma (NYSE:FIG), with significant options activity indicating potential market movements. Recent data reveals a split sentiment among investors, with 45% bullish and 45% bearish. The projected price targets for Figma range from $12.5 to $55.0. Currently, Figma's stock is trading at $21.04, up 2.15%, with an anticipated earnings release in 14 days. Analysts have set a consensus target price of $43.75, with ratings ranging from Overweight to Hold. Options trading presents higher risks but also greater profit potential.</p>

Behind the Scenes of Figma's Latest Options Trends