What the Options Market Tells Us About Airbnb

Benzinga's options scanner just detected over 15 options trades for Airbnb ABNB summing a total amount of $3,026,942.

At the same time, our algo caught 4 for a total amount of 203,412.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $120.0 to $190.0 for Airbnb over the last 3 months.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Airbnb's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Airbnb's substantial trades, within a strike price spectrum from $120.0 to $190.0 over the preceding 30 days.

Airbnb Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

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 1,189,720, the price of ABNB is up by 0.15%, reaching $163.24.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 56 days from now.

What The Experts Say On Airbnb

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $152.0.

• Maintaining their stance, an analyst from BMO Capital continues to hold a Market Perform rating for Airbnb, targeting a price of $135.
• An analyst from Susquehanna has decided to maintain their Positive rating on Airbnb, which currently sits at a price target of $180.
• An analyst from DA Davidson downgraded its action to Neutral with a price target of $145.
• Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Airbnb with a target price of $140.
• Maintaining their stance, an analyst from Needham continues to hold a Buy rating for Airbnb, targeting a price of $160.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Airbnb, Benzinga Pro gives you real-time options trades alerts.