Financial giants have made a conspicuous bullish move on Airbnb. Our analysis of options history for Airbnb ABNB revealed 9 unusual trades.
Delving into the details, we found 66% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $405,322, and 3 were calls, valued at $610,236.
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 $133.0 to $145.0 for Airbnb over the last 3 months.
Volume & Open Interest Development
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 $133.0 to $145.0 in the last 30 days.
Airbnb 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ABNB | CALL | TRADE | BEARISH | 01/17/25 | $140.00 | $335.4K | 1.1K | 156 |
| ABNB | CALL | SWEEP | BEARISH | 01/17/25 | $140.00 | $247.8K | 1.1K | 271 |
| ABNB | PUT | SWEEP | BULLISH | 04/19/24 | $145.00 | $117.1K | 606 | 35 |
| ABNB | PUT | TRADE | BULLISH | 03/15/24 | $145.00 | $77.7K | 1.0K | 0 |
| ABNB | PUT | SWEEP | BULLISH | 03/15/24 | $145.00 | $77.5K | 1.0K | 110 |
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.
After a thorough review of the options trading surrounding Airbnb, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Airbnb Standing Right Now?
- With a volume of 237,418, the price of ABNB is down -2.07% at $134.3.
- RSI indicators hint that the underlying stock may be oversold.
- Next earnings are expected to be released in 28 days.
What The Experts Say On Airbnb
In the last month, 1 experts released ratings on this stock with an average target price of $134.0.
- An analyst from BMO Capital downgraded its action to Market Perform with a price target of $134.
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 Airbnb options trades with real-time alerts from Benzinga Pro.
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