Financial giants have made a conspicuous bullish move on Bilibili. Our analysis of options history for Bilibili BILI revealed 16 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 18% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $106,005, and 14 were calls, valued at $706,626.
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 $12.0 to $19.0 for Bilibili during the past quarter.
Volume & Open Interest Development
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 Bilibili'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 Bilibili's whale activity within a strike price range from $12.0 to $19.0 in the last 30 days.
Bilibili Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BILI | CALL | SWEEP | BULLISH | 07/19/24 | $1.96 | $1.95 | $1.96 | $15.00 | $91.9K | 4.1K | 432 |
| BILI | CALL | SWEEP | BULLISH | 07/19/24 | $2.02 | $1.96 | $2.01 | $15.00 | $82.0K | 4.1K | 425 |
| BILI | PUT | SWEEP | BEARISH | 07/19/24 | $1.58 | $1.57 | $1.58 | $14.00 | $79.2K | 951 | 502 |
| BILI | CALL | SWEEP | BULLISH | 07/19/24 | $2.01 | $1.96 | $2.0 | $15.00 | $71.2K | 4.1K | 1.2K |
| BILI | CALL | SWEEP | BULLISH | 07/19/24 | $2.98 | $2.94 | $2.97 | $13.00 | $58.4K | 3.8K | 213 |
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.
Bilibili's Current Market Status
- Currently trading with a volume of 5,276,079, the BILI's price is up by 0.03%, now at $14.72.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 27 days.
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 Bilibili with Benzinga Pro for real-time 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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