Decoding AppLovin's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bullish stance on AppLovin.

Looking at options history for AppLovin APP we detected 55 trades.

If we consider the specifics of each trade, it is accurate to state that 54% of the investors opened trades with bullish expectations and 38% with bearish.

From the overall spotted trades, 12 are puts, for a total amount of $601,452 and 43, calls, for a total amount of $3,591,815.

Latest Startup Investment Opportunities:

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $200.0 to $600.0 for AppLovin over the recent three months.

Analyzing Volume & Open Interest

In today's trading context, the average open interest for options of AppLovin stands at 689.06, with a total volume reaching 19,325.00. 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 $200.0 to $600.0, throughout the last 30 days.

AppLovin 30-Day Option Volume & Interest Snapshot

Noteworthy Options Activity:

About AppLovin

AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max, and gaming studios, which develop mobile games. AppLovin announced in February 2025 its plans to divest from the lower-margin gaming studios to focus exclusively on the ad tech platform. AppLovin's primary tool for future growth is Axon 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.

Having examined the options trading patterns of AppLovin, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of AppLovin

• With a volume of 1,390,305, the price of APP is up 1.75% at $421.39.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 61 days.

Expert Opinions on AppLovin

5 market experts have recently issued ratings for this stock, with a consensus target price of $437.0.

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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 Morgan Stanley continues to hold a Overweight rating for AppLovin, targeting a price of $420. * Maintaining their stance, an analyst from UBS continues to hold a Buy rating for AppLovin, targeting a price of $475. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on AppLovin with a target price of $405. * An analyst from JP Morgan persists with their Neutral rating on AppLovin, maintaining a target price of $355. * Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on AppLovin with a target price of $530.

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 AppLovin, Benzinga Pro gives you real-time options trades alerts.