Unpacking the Latest Options Trading Trends in AppLovin

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Deep-pocketed investors have adopted a bearish approach towards AppLovin APP, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in APP usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 92 extraordinary options activities for AppLovin. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 32% leaning bullish and 41% bearish. Among these notable options, 10 are puts, totaling $687,743, and 82 are calls, amounting to $3,814,521.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $115.0 to $610.0 for AppLovin during the past quarter.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for AppLovin'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 AppLovin's whale activity within a strike price range from $115.0 to $610.0 in the last 30 days.

AppLovin 30-Day Option Volume & Interest Snapshot

Options Call Chart

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 SWEEP BEARISH 03/21/25 $61.2 $60.1 $60.54 $330.00 $72.5K 3.5K 2.1K
APP CALL SWEEP BULLISH 04/17/25 $46.7 $46.0 $46.55 $370.00 $69.9K 496 1.5K
APP CALL SWEEP BEARISH 03/21/25 $63.3 $60.4 $60.76 $330.00 $67.0K 3.5K 1.1K
APP CALL SWEEP BEARISH 03/21/25 $61.4 $60.5 $60.7 $330.00 $66.7K 3.5K 1.2K
APP CALL SWEEP BULLISH 04/17/25 $47.0 $46.2 $46.8 $370.00 $60.9K 496 1.2K

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.

Where Is AppLovin Standing Right Now?

  • Trading volume stands at 2,114,926, with APP's price up by 2.09%, positioned at $368.28.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 14 days.

What Analysts Are Saying About AppLovin

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $378.2.

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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. * Maintaining their stance, an analyst from UBS continues to hold a Buy rating for AppLovin, targeting a price of $440. * Maintaining their stance, an analyst from JP Morgan continues to hold a Neutral rating for AppLovin, targeting a price of $325. * An analyst from Goldman Sachs persists with their Neutral rating on AppLovin, maintaining a target price of $335. * An analyst from Wells Fargo has decided to maintain their Overweight rating on AppLovin, which currently sits at a price target of $366. * An analyst from Jefferies has decided to maintain their Buy rating on AppLovin, which currently sits at a price target of $425.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest AppLovin options trades with real-time alerts from Benzinga Pro.

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