Market Whales and Their Recent Bets on BILL Options

Financial giants have made a conspicuous bullish move on BILL Holdings. Our analysis of options history for BILL Holdings BILL revealed 13 unusual trades.

Delving into the details, we found 61% of traders were bullish, while 38% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $815,560, and 8 were calls, valued at $459,019.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $65.0 for BILL Holdings over the last 3 months.

Insights into 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 BILL Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to BILL Holdings's substantial trades, within a strike price spectrum from $45.0 to $65.0 over the preceding 30 days.

BILL Holdings 30-Day Option Volume & Interest Snapshot

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
BILL PUT SWEEP BEARISH 08/30/24 $3.8 $3.4 $3.6 $51.00 $475.5K 78 1.3K
BILL PUT TRADE BULLISH 10/18/24 $2.45 $1.95 $2.1 $45.00 $210.0K 3 1.0K
BILL CALL SWEEP BULLISH 08/23/24 $0.55 $0.55 $0.55 $64.00 $129.3K 63 2.8K
BILL CALL SWEEP BULLISH 08/23/24 $0.55 $0.5 $0.55 $64.00 $60.8K 63 3.6K
BILL PUT SWEEP BEARISH 09/20/24 $3.1 $3.0 $3.0 $49.00 $54.3K 12 186

About BILL Holdings

BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.

Following our analysis of the options activities associated with BILL Holdings, we pivot to a closer look at the company's own performance.

Where Is BILL Holdings Standing Right Now?

  • With a volume of 623,829, the price of BILL is down -0.23% at $51.35.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 0 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 BILL Holdings with Benzinga Pro for real-time alerts.

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Posted In: OptionsMarketsBZI-UOA
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