Deep-pocketed investors have adopted a bearish approach towards Bilibili BILI, 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 BILI usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 31 extraordinary options activities for Bilibili. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 45% leaning bullish and 54% bearish. Among these notable options, 13 are puts, totaling $757,911, and 18 are calls, amounting to $928,281.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $20.0 for Bilibili during the past quarter.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Bilibili options trades today is 783.41 with a total volume of 11,951.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Bilibili's big money trades within a strike price range of $10.0 to $20.0 over the last 30 days.
Bilibili Call and Put Volume: 30-Day Overview
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BILI | CALL | TRADE | BEARISH | 01/17/25 | $6.2 | $5.55 | $5.7 | $10.00 | $108.8K | 1.9K | 0 |
| BILI | PUT | TRADE | BEARISH | 07/19/24 | $2.54 | $2.09 | $2.36 | $15.00 | $108.3K | 39 | 241 |
| BILI | CALL | SWEEP | BEARISH | 09/20/24 | $5.1 | $5.0 | $5.03 | $10.00 | $99.0K | 340 | 0 |
| BILI | PUT | TRADE | BEARISH | 05/10/24 | $4.1 | $3.95 | $4.1 | $18.00 | $81.9K | 0 | 200 |
| BILI | PUT | TRADE | BULLISH | 05/10/24 | $4.15 | $4.0 | $4.0 | $18.00 | $80.0K | 0 | 0 |
About Bilibili
Bilibili is a Chinese online entertainment platform that is best known for its video-sharing site that resembles YouTube. The site was founded in 2009 and started as a long-form video platform for anime, comics, and gaming, or ACG, content that appealed to Gen Z users. Since then, it has expanded its content on the platform to include a broader range of interests that have attracted Chinese users outside of the Gen Z cohort. The firm generates revenue through five main areas: advertising, games, live streaming, value-added services, and e-commerce.
In light of the recent options history for Bilibili, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Where Is Bilibili Standing Right Now?
- Currently trading with a volume of 11,884,968, the BILI's price is up by 17.32%, now at $14.94.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 28 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 Bilibili, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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