Whales with a lot of money to spend have taken a noticeably bearish stance on C3.ai.
Looking at options history for C3.ai AI we detected 11 trades.
If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 54% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $333,520 and 3, calls, for a total amount of $138,739.
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 $30.0 to $37.0 for C3.ai during the past quarter.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for C3.ai'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 C3.ai's whale activity within a strike price range from $30.0 to $37.0 in the last 30 days.
C3.ai Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| AI | PUT | TRADE | BEARISH | 03/08/24 | $37.00 | $90.0K | 1.1K | 205 |
| AI | CALL | TRADE | BULLISH | 01/16/26 | $30.00 | $52.7K | 1.8K | 22 |
| AI | CALL | SWEEP | BULLISH | 03/15/24 | $30.00 | $45.4K | 18.6K | 232 |
| AI | PUT | TRADE | BEARISH | 03/08/24 | $36.00 | $40.5K | 1.1K | 291 |
| AI | CALL | SWEEP | BULLISH | 04/19/24 | $30.00 | $40.5K | 4.0K | 265 |
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.
In light of the recent options history for C3.ai, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is C3.ai Standing Right Now?
- With a trading volume of 4,947,790, the price of AI is down by -3.14%, reaching $33.0.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 85 days from now.
Expert Opinions on C3.ai
A total of 3 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $28.0.
- Maintaining their stance, an analyst from Canaccord Genuity continues to hold a Hold rating for C3.ai, targeting a price of $31.
- Consistent in their evaluation, an analyst from B of A Securities keeps a Underperform rating on C3.ai with a target price of $20.
- An analyst from Piper Sandler has decided to maintain their Neutral rating on C3.ai, which currently sits at a price target of $33.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for C3.ai with Benzinga Pro for real-time alerts.
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