Whales with a lot of money to spend have taken a noticeably bullish stance on Expedia Group.
Looking at options history for Expedia Group EXPE we detected 13 trades.
If we consider the specifics of each trade, it is accurate to state that 38% of the investors opened trades with bullish expectations and 38% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $162,650 and 11, calls, for a total amount of $808,366.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $120.0 to $145.0 for Expedia Group during the past quarter.
Volume & Open Interest Trends
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 Expedia Group'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 Expedia Group's whale activity within a strike price range from $120.0 to $145.0 in the last 30 days.
Expedia Group Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EXPE | CALL | TRADE | BULLISH | 07/19/24 | $15.85 | $14.4 | $15.8 | $120.00 | $158.0K | 2.0K | 102 |
| EXPE | CALL | SWEEP | BULLISH | 07/19/24 | $15.85 | $15.45 | $15.75 | $120.00 | $157.5K | 2.0K | 2 |
| EXPE | PUT | SWEEP | BEARISH | 07/19/24 | $2.72 | $1.8 | $2.63 | $137.00 | $122.7K | 975 | 0 |
| EXPE | CALL | SWEEP | BULLISH | 08/16/24 | $4.6 | $4.55 | $4.6 | $145.00 | $89.7K | 294 | 305 |
| EXPE | CALL | TRADE | NEUTRAL | 09/20/24 | $8.1 | $7.9 | $8.0 | $140.00 | $80.0K | 233 | 155 |
About Expedia Group
Expedia is the world's second-largest online travel agency by bookings, offering services for lodging (80% of total 2023 sales), air tickets (3%), rental cars, cruises, in-destination, and other (11%), and advertising revenue (6%). Expedia operates a number of branded travel booking sites, but its three core online travel agency brands are Expedia, Hotels.com, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
After a thorough review of the options trading surrounding Expedia Group, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Expedia Group
- Currently trading with a volume of 908,047, the EXPE's price is up by 0.66%, now at $134.4.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 20 days.
Expert Opinions on Expedia Group
In the last month, 2 experts released ratings on this stock with an average target price of $160.0.
- Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on Expedia Group with a target price of $140.
- In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $180.
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 Expedia Group options trades with real-time alerts from Benzinga Pro.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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