Financial giants have made a conspicuous bearish move on C3.ai. Our analysis of options history for C3.ai AI revealed 9 unusual trades.
Delving into the details, we found 44% of traders were bullish, while 55% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $357,444, and 4 were calls, valued at $218,056.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $20.0 to $32.5 for C3.ai during the past quarter.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of C3.ai stands at 4109.0, with a total volume reaching 12,788.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in C3.ai, situated within the strike price corridor from $20.0 to $32.5, throughout the last 30 days.
C3.ai Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AI | CALL | SWEEP | BEARISH | 03/15/24 | $30.00 | $126.1K | 26.4K | 6.8K |
| AI | PUT | TRADE | BULLISH | 06/21/24 | $25.00 | $109.7K | 1.5K | 261 |
| AI | PUT | TRADE | BEARISH | 01/16/26 | $32.50 | $72.5K | 41 | 50 |
| AI | PUT | SWEEP | BULLISH | 05/17/24 | $30.00 | $68.2K | 244 | 101 |
| AI | PUT | TRADE | BULLISH | 06/21/24 | $30.00 | $62.4K | 330 | 82 |
About C3.ai
C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Suite, is a comprehensive application development and runtime environment that is designed to allow customers to rapidly design, develop, and deploy Enterprise AI applications of any type; C3 AI Applications, include a large and growing family of industry-specific and application-specific turnkey AI solutions that can be immediately installed and deployed; and C3.ai Ex Machina, analytics for applying data science to every-day business decisions.
Present Market Standing of C3.ai
- Trading volume stands at 3,572,940, with AI's price down by -2.96%, positioned at $26.25.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 7 days.
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.
If you want to stay updated on the latest options trades for C3.ai, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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