Financial giants have made a conspicuous bullish move on Airbnb. Our analysis of options history for Airbnb ABNB revealed 8 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $740,800, and 6 were calls, valued at $309,605.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $130.0 to $180.0 for Airbnb over the recent three months.
Insights into Volume & Open Interest
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 $130.0 to $180.0, over the past month.
Airbnb Option Activity Analysis: 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 | 01/17/25 | $7.1 | $7.0 | $7.01 | $140.00 | $701.0K | 4.6K | 1.0K |
| ABNB | CALL | TRADE | BULLISH | 01/17/25 | $4.0 | $3.8 | $3.96 | $145.00 | $118.8K | 3.3K | 116 |
| ABNB | CALL | SWEEP | BULLISH | 09/19/25 | $18.75 | $18.2 | $18.6 | $140.00 | $46.5K | 200 | 31 |
| ABNB | CALL | TRADE | BEARISH | 08/15/25 | $4.65 | $4.55 | $4.55 | $180.00 | $41.4K | 146 | 103 |
| ABNB | PUT | TRADE | BEARISH | 01/17/25 | $9.95 | $9.9 | $9.95 | $145.00 | $39.8K | 1.3K | 40 |
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 over 8 million active accommodation listings as of June 30, 2024. 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 2,227,653, the price of ABNB is up 2.62% at $138.14.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 92 days.
Expert Opinions on Airbnb
5 market experts have recently issued ratings for this stock, with a consensus target price of $137.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * An analyst from Baird persists with their Neutral rating on Airbnb, maintaining a target price of $140. * An analyst from Jefferies persists with their Hold rating on Airbnb, maintaining a target price of $135. * Maintaining their stance, an analyst from Piper Sandler continues to hold a Neutral rating for Airbnb, targeting a price of $145. * Maintaining their stance, an analyst from TD Cowen continues to hold a Buy rating for Airbnb, targeting a price of $155. * Consistent in their evaluation, an analyst from Barclays keeps a Underweight rating on Airbnb with a target price of $110.
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.
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