Financial giants have made a conspicuous bearish move on Airbnb. Our analysis of options history for Airbnb ABNB revealed 19 unusual trades.
Delving into the details, we found 47% of traders were bullish, while 52% showed bearish tendencies. Out of all the trades we spotted, 13 were puts, with a value of $459,641, and 6 were calls, valued at $223,965.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $115.0 to $210.0 for Airbnb over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Airbnb'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 Airbnb's whale trades within a strike price range from $115.0 to $210.0 in the last 30 days.
Airbnb Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ABNB | PUT | SWEEP | BULLISH | 01/16/26 | $115.00 | $58.8K | 96 | 149 |
| ABNB | CALL | TRADE | BEARISH | 01/17/25 | $145.00 | $51.0K | 1.2K | 0 |
| ABNB | CALL | TRADE | BEARISH | 01/17/25 | $145.00 | $42.5K | 1.2K | 67 |
| ABNB | PUT | TRADE | BEARISH | 01/17/25 | $140.00 | $42.4K | 3.9K | 28 |
| ABNB | PUT | SWEEP | BEARISH | 03/15/24 | $140.00 | $41.9K | 929 | 86 |
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 7 million active accommodation listings as of Sept. 30, 2023. Listings from the company's over 4 million hosts are spread over almost every country in the world. In the fourth quarter of 2022, 47% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.
In light of the recent options history for Airbnb, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Airbnb
- With a volume of 1,534,084, the price of ABNB is down -0.62% at $136.15.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 46 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 Airbnb with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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