Investors with a lot of money to spend have taken a bullish stance on Tripadvisor TRIP.
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 TRIP, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 12 options trades for Tripadvisor.
This isn't normal.
The overall sentiment of these big-money traders is split between 58% bullish and 33%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $26,242, and 11, calls, for a total amount of $475,703.
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 $15.0 to $22.0 for Tripadvisor over the last 3 months.
Volume & Open Interest Development
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 Tripadvisor'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 Tripadvisor's whale trades within a strike price range from $15.0 to $22.0 in the last 30 days.
Tripadvisor Option Activity Analysis: Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TRIP | CALL | SWEEP | NEUTRAL | 01/31/25 | $0.7 | $0.65 | $0.65 | $16.50 | $110.1K | 48 | 5.5K |
| TRIP | CALL | SWEEP | BEARISH | 01/15/27 | $3.6 | $3.1 | $3.1 | $22.00 | $77.5K | 46 | 409 |
| TRIP | CALL | SWEEP | BEARISH | 06/20/25 | $1.2 | $1.15 | $1.15 | $21.00 | $51.7K | 1.0K | 848 |
| TRIP | CALL | SWEEP | BULLISH | 01/15/27 | $3.9 | $3.8 | $3.85 | $20.00 | $34.1K | 541 | 88 |
| TRIP | CALL | SWEEP | BEARISH | 03/21/25 | $1.1 | $1.05 | $1.05 | $18.00 | $31.8K | 3.0K | 1.7K |
About Tripadvisor
Tripadvisor is the world's leading travel metasearch company. Its platform offers 1 billion reviews and information on about 8 million accommodations, restaurants, experiences, airlines, and cruises. In 2023, 58% of revenue came from the company's core Brand Tripadvisor segment, which includes hotel revenue generated through advertising on its metasearch platform. Viator, its experiences brand, was 41% of sales in 2023, and TheFork, its dining brand, represented 9% of revenue (about 8% of sales were intersegment, which are eliminated from consolidated revenue).
In light of the recent options history for Tripadvisor, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Current Position of Tripadvisor
- With a trading volume of 5,614,695, the price of TRIP is up by 2.22%, reaching $16.09.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 20 days from now.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
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 Tripadvisor, Benzinga Pro gives you real-time options trades alerts.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
