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 77% of traders were bullish, while 22% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $86,170, and 7 were calls, valued at $315,066.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $200.0 for Airbnb over the recent three months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Airbnb options trades today is 837.89 with a total volume of 1,217.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Airbnb's big money trades within a strike price range of $120.0 to $200.0 over the last 30 days.
Airbnb Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| ABNB | CALL | SWEEP | BEARISH | 01/16/26 | $200.00 | $81.2K | 453 | 37 |
| ABNB | CALL | SWEEP | BULLISH | 03/01/24 | $137.00 | $50.9K | 32 | 30 |
| ABNB | PUT | SWEEP | BEARISH | 01/17/25 | $165.00 | $45.9K | 360 | 0 |
| ABNB | CALL | SWEEP | BULLISH | 03/01/24 | $160.00 | $43.7K | 503 | 587 |
| ABNB | CALL | TRADE | BULLISH | 06/21/24 | $120.00 | $41.1K | 669 | 11 |
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 7.7 million active accommodation listings as of Dec. 31, 2023. 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.
Present Market Standing of Airbnb
- With a trading volume of 1,995,130, the price of ABNB is up by 1.16%, reaching $150.97.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 75 days from now.
What Analysts Are Saying About Airbnb
In the last month, 5 experts released ratings on this stock with an average target price of $147.6.
- An analyst from Wedbush has decided to maintain their Neutral rating on Airbnb, which currently sits at a price target of $150.
- An analyst from JP Morgan persists with their Neutral rating on Airbnb, maintaining a target price of $140.
- An analyst from DA Davidson downgraded its action to Neutral with a price target of $145.
- An analyst from Needham persists with their Buy rating on Airbnb, maintaining a target price of $160.
- Maintaining their stance, an analyst from UBS continues to hold a Neutral rating for Airbnb, targeting a price of $143.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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