Investors with a lot of money to spend have taken a bearish stance on AppLovin APP.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with APP, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 11 options trades for AppLovin.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 36%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $36,210, and 10, calls, for a total amount of $576,860.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $185.0 to $360.0 for AppLovin over the recent three months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of AppLovin stands at 163.44, with a total volume reaching 208.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in AppLovin, situated within the strike price corridor from $185.0 to $360.0, throughout the last 30 days.
AppLovin Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| APP | CALL | TRADE | BEARISH | 04/17/25 | $56.1 | $54.1 | $54.1 | $320.00 | $200.1K | 76 | 38 |
| APP | CALL | TRADE | NEUTRAL | 06/20/25 | $67.9 | $64.9 | $66.5 | $330.00 | $66.5K | 36 | 10 |
| APP | CALL | TRADE | NEUTRAL | 03/21/25 | $62.2 | $59.4 | $60.95 | $300.00 | $60.9K | 153 | 11 |
| APP | CALL | TRADE | NEUTRAL | 02/21/25 | $149.7 | $146.4 | $147.82 | $185.00 | $59.1K | 91 | 3 |
| APP | CALL | TRADE | NEUTRAL | 02/21/25 | $155.9 | $149.1 | $152.56 | $185.00 | $45.7K | 91 | 3 |
About AppLovin
AppLovin Corp is a mobile app technology company. It focuses on growing the mobile app ecosystem by enabling the success of mobile app developers. The company's software solutions provide tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their applications.
Following our analysis of the options activities associated with AppLovin, we pivot to a closer look at the company's own performance.
Present Market Standing of AppLovin
- With a trading volume of 568,576, the price of APP is up by 3.45%, reaching $332.17.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 28 days from now.
What The Experts Say On AppLovin
In the last month, 4 experts released ratings on this stock with an average target price of $372.75.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Jefferies persists with their Buy rating on AppLovin, maintaining a target price of $425. * In a cautious move, an analyst from Benchmark downgraded its rating to Buy, setting a price target of $375. * An analyst from Wells Fargo persists with their Overweight rating on AppLovin, maintaining a target price of $366. * Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for AppLovin, targeting a price of $325.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for AppLovin with Benzinga Pro for real-time alerts.
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