A Closer Look at Grab Holdings's Options Market Dynamics

Deep-pocketed investors have adopted a bearish approach towards Grab Holdings GRAB, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GRAB usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 9 extraordinary options activities for Grab Holdings. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 33% leaning bullish and 55% bearish. Among these notable options, 4 are puts, totaling $256,000, and 5 are calls, amounting to $484,211.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $4.0 to $6.0 for Grab Holdings during the past quarter.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Grab Holdings options trades today is 18198.78 with a total volume of 11,103.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Grab Holdings's big money trades within a strike price range of $4.0 to $6.0 over the last 30 days.

Grab Holdings Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

About Grab Holdings

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.

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

Where Is Grab Holdings Standing Right Now?

• With a trading volume of 41,849,903, the price of GRAB is down by -9.8%, reaching $4.14.
• Current RSI values indicate that the stock is may be approaching oversold.
• Next earnings report is scheduled for 65 days from now.

Professional Analyst Ratings for Grab Holdings

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $6.03.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Barclays persists with their Overweight rating on Grab Holdings, maintaining a target price of $6. * An analyst from JP Morgan has elevated its stance to Overweight, setting a new price target at $5. * Reflecting concerns, an analyst from Benchmark lowers its rating to Buy with a new price target of $6.

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