Whales with a lot of money to spend have taken a noticeably bearish stance on Airbnb.
Looking at options history for Airbnb ABNB we detected 9 trades.
If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.
From the overall spotted trades, 7 are puts, for a total amount of $567,346 and 2, calls, for a total amount of $89,138.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $115.0 and $250.0 for Airbnb, spanning the last three months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Airbnb's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Airbnb's significant trades, within a strike price range of $115.0 to $250.0, over the past month.
Airbnb 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ABNB | PUT | TRADE | BULLISH | 09/20/24 | $6.45 | $6.3 | $6.35 | $140.00 | $317.5K | 1.2K | 501 |
| ABNB | PUT | SWEEP | BEARISH | 01/16/26 | $103.8 | $101.4 | $103.0 | $250.00 | $61.8K | 45 | 6 |
| ABNB | CALL | SWEEP | BULLISH | 06/21/24 | $5.4 | $5.35 | $5.4 | $145.00 | $54.5K | 2.4K | 194 |
| ABNB | PUT | SWEEP | BULLISH | 01/17/25 | $3.6 | $3.5 | $3.55 | $115.00 | $49.7K | 1.4K | 142 |
| ABNB | PUT | TRADE | BEARISH | 06/20/25 | $28.15 | $27.85 | $28.15 | $165.00 | $45.0K | 618 | 16 |
About Airbnb
Started in 2008, Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's platform offered 7.7 million active accommodation listings as of Dec. 31, 2023. Listings from the company's over 5 million hosts are spread over almost every country in the world. In 2023, 50% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.
Current Position of Airbnb
- With a volume of 1,192,903, the price of ABNB is down -0.87% at $145.34.
- RSI indicators hint that the underlying stock may be approaching oversold.
- Next earnings are expected to be released in 63 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 Airbnb with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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