Deep-pocketed investors have adopted a bullish approach towards C3.ai AI, 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 AI usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for C3.ai. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 50% bearish. Among these notable options, 3 are puts, totaling $106,083, and 11 are calls, amounting to $562,920.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $17.5 to $35.0 for C3.ai over the recent three months.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in C3.ai's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to C3.ai's substantial trades, within a strike price spectrum from $17.5 to $35.0 over the preceding 30 days.
C3.ai Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AI | CALL | TRADE | BULLISH | 01/16/26 | $5.65 | $5.25 | $5.5 | $35.00 | $220.0K | 1.1K | 0 |
| AI | CALL | TRADE | BULLISH | 01/16/26 | $11.05 | $10.85 | $11.05 | $17.50 | $55.2K | 260 | 50 |
| AI | CALL | SWEEP | BULLISH | 08/16/24 | $1.0 | $0.91 | $1.0 | $35.00 | $51.0K | 1.5K | 1.0K |
| AI | PUT | TRADE | BULLISH | 07/19/24 | $3.1 | $3.05 | $3.05 | $25.00 | $43.6K | 15.6K | 166 |
| AI | CALL | TRADE | BEARISH | 07/19/24 | $4.4 | $4.3 | $4.31 | $22.50 | $43.0K | 5.4K | 197 |
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.
Where Is C3.ai Standing Right Now?
- With a trading volume of 2,948,799, the price of AI is up by 3.49%, reaching $24.88.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 23 days from now.
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.
© 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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