Financial giants have made a conspicuous bullish move on Airbnb. Our analysis of options history for Airbnb ABNB revealed 8 unusual trades.
Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $171,390, and 3 were calls, valued at $95,345.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $152.5 and $220.0 for Airbnb, spanning the last three months.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Airbnb's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Airbnb's significant trades, within a strike price range of $152.5 to $220.0, over the past month.
Airbnb Call and Put Volume: 30-Day Overview
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ABNB | PUT | SWEEP | BEARISH | 05/17/24 | $3.85 | $3.75 | $3.85 | $150.00 | $51.2K | 1.0K | 141 |
| ABNB | PUT | SWEEP | BULLISH | 04/26/24 | $18.75 | $18.0 | $18.05 | $177.50 | $45.1K | 3 | 25 |
| ABNB | PUT | SWEEP | BULLISH | 05/17/24 | $7.4 | $7.35 | $7.35 | $157.50 | $43.3K | 147 | 59 |
| ABNB | CALL | SWEEP | BULLISH | 01/17/25 | $6.5 | $6.35 | $6.4 | $220.00 | $33.9K | 1.7K | 0 |
| ABNB | CALL | SWEEP | BEARISH | 09/20/24 | $18.0 | $17.8 | $17.8 | $160.00 | $32.0K | 622 | 19 |
About Airbnb
Started in 2008, Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's platform offered 7.7 million active accommodation listings as of Dec. 31, 2023. Listings from the company's over 5 million hosts are spread over almost every country in the world. In 2023, 50% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.
Present Market Standing of Airbnb
- With a volume of 1,428,297, the price of ABNB is up 2.15% at $159.98.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 14 days.
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 Airbnb options trades with real-time alerts from Benzinga Pro.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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