Financial giants have made a conspicuous bullish move on C3.ai. Our analysis of options history for C3.ai AI revealed 9 unusual trades.
Delving into the details, we found 55% of traders were bullish, while 33% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $253,120, and 7 were calls, valued at $355,470.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $15.0 to $35.0 for C3.ai over the recent three months.
Volume & Open Interest Trends
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 C3.ai'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 C3.ai's whale trades within a strike price range from $15.0 to $35.0 in the last 30 days.
C3.ai 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AI | PUT | SWEEP | BULLISH | 10/18/24 | $8.4 | $8.35 | $8.35 | $35.00 | $210.4K | 770 | 0 |
| AI | CALL | SWEEP | BEARISH | 10/18/24 | $5.15 | $5.05 | $5.05 | $25.00 | $99.9K | 957 | 173 |
| AI | CALL | TRADE | BULLISH | 01/16/26 | $14.5 | $14.5 | $14.5 | $15.00 | $72.5K | 370 | 20 |
| AI | CALL | TRADE | BEARISH | 01/17/25 | $9.45 | $9.35 | $9.35 | $20.00 | $46.7K | 2.6K | 150 |
| AI | CALL | TRADE | BULLISH | 01/17/25 | $9.25 | $9.0 | $9.15 | $20.00 | $45.7K | 2.6K | 50 |
About C3.ai
C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Platform, which is an end-to-end application development and runtime environment for designing, developing, and deploy AI applications: C3 AI Applications, which is a portfolio of pre-built, extensible, industry-specific, and application-specific Enterprise AI applications: and C3 Generative AI, which combines the utility of large language models. Geographically the company derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and the Rest of World.
Having examined the options trading patterns of C3.ai, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
C3.ai's Current Market Status
- With a trading volume of 1,653,296, the price of AI is up by 1.09%, reaching $27.77.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 70 days from now.
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 C3.ai, 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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