Financial giants have made a conspicuous bearish move on Airbnb. Our analysis of options history for Airbnb ABNB revealed 8 unusual trades.
Delving into the details, we found 37% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $241,545, and 4 were calls, valued at $256,365.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $152.5 to $170.0 for Airbnb over the recent three months.
Volume & Open Interest Trends
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 $152.5 to $170.0, over the past month.
Airbnb Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ABNB | CALL | SWEEP | BULLISH | 09/20/24 | $3.75 | $3.6 | $3.75 | $170.00 | $112.5K | 2.2K | 11 |
| ABNB | PUT | TRADE | BULLISH | 08/16/24 | $8.55 | $8.45 | $8.45 | $155.00 | $94.6K | 321 | 0 |
| ABNB | CALL | SWEEP | BEARISH | 09/20/24 | $9.25 | $9.2 | $9.2 | $155.00 | $76.3K | 793 | 51 |
| ABNB | PUT | SWEEP | BULLISH | 07/26/24 | $5.45 | $5.25 | $5.25 | $155.00 | $51.9K | 30 | 9 |
| ABNB | PUT | TRADE | BEARISH | 07/12/24 | $2.55 | $2.1 | $2.55 | $152.50 | $48.4K | 499 | 12 |
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.
After a thorough review of the options trading surrounding Airbnb, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Airbnb Standing Right Now?
- Trading volume stands at 1,171,819, with ABNB's price down by -0.07%, positioned at $152.63.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 27 days.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Airbnb options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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