Whales with a lot of money to spend have taken a noticeably bearish stance on Bilibili.
Looking at options history for Bilibili BILI we detected 18 trades.
If we consider the specifics of each trade, it is accurate to state that 22% of the investors opened trades with bullish expectations and 72% with bearish.
From the overall spotted trades, 4 are puts, for a total amount of $431,661 and 14, calls, for a total amount of $773,381.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $40.0 for Bilibili over the recent three 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 Bilibili's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Bilibili's substantial trades, within a strike price spectrum from $10.0 to $40.0 over the preceding 30 days.
Bilibili 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BILI | PUT | SWEEP | BEARISH | 09/20/24 | $3.1 | $3.0 | $3.1 | $16.00 | $232.5K | 50 | 750 |
| BILI | CALL | TRADE | BULLISH | 01/16/26 | $5.4 | $5.35 | $5.4 | $17.00 | $146.3K | 1.1K | 280 |
| BILI | PUT | TRADE | BEARISH | 06/21/24 | $24.95 | $23.75 | $24.72 | $40.00 | $93.9K | 0 | 38 |
| BILI | CALL | SWEEP | NEUTRAL | 01/16/26 | $8.7 | $8.5 | $8.5 | $10.00 | $85.0K | 1.6K | 105 |
| BILI | CALL | SWEEP | BEARISH | 01/16/26 | $8.7 | $8.5 | $8.5 | $10.00 | $85.0K | 1.6K | 206 |
About Bilibili
Bilibili is a Chinese online entertainment platform that is best known for its video-sharing site that resembles YouTube. The site was founded in 2009 and started as a long-form video platform for anime, comics, and gaming, or ACG, content that appealed to Gen Z users. Since then, it has expanded its content on the platform to include a broader range of interests that have attracted Chinese users outside of the Gen Z cohort. The firm generates revenue through five main areas: advertising, games, live streaming, value-added services, and e-commerce.
In light of the recent options history for Bilibili, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Bilibili's Current Market Status
- With a volume of 6,680,851, the price of BILI is up 13.18% at $15.93.
- RSI indicators hint that the underlying stock may be overbought.
- Next earnings are expected to be released in 10 days.
What The Experts Say On Bilibili
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $16.9.
- Maintaining their stance, an analyst from Mizuho continues to hold a Buy rating for Bilibili, targeting a price of $17.
- Showing optimism, an analyst from CLSA upgrades its rating to Buy with a revised price target of $16.
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 Bilibili, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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