Airbnb Unusual Options Activity For December 13
Airbnb Unusual Options Activity For December 13
Deep-pocketed investors have adopted a bullish approach towards Airbnb (NASDAQ:ABNB), 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 ABNB usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Airbnb. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 66% leaning bullish and 25% bearish. Among these notable options, 4 are puts, totaling $348,588, and 8 are calls, amounting to $427,551.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $130.0 to $145.0 for Airbnb over the recent three months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of Airbnb stands at 2140.78, with a total volume reaching 3,319.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Airbnb, situated within the strike price corridor from $130.0 to $145.0, throughout the last 30 days.
Airbnb 30-Day Option Volume & Interest Snapshot
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 | 02/21/25 | $8.1 | $8.1 | $8.1 | $135.00 | $264.0K | 511 | 388 |
| ABNB | CALL | SWEEP | NEUTRAL | 01/17/25 | $7.25 | $7.05 | $7.05 | $130.00 | $141.2K | 4.2K | 213 |
| ABNB | CALL | SWEEP | BULLISH | 01/17/25 | $6.9 | $6.85 | $6.9 | $130.00 | $69.0K | 4.2K | 213 |
| ABNB | CALL | TRADE | BULLISH | 01/17/25 | $1.51 | $1.5 | $1.51 | $145.00 | $60.4K | 5.9K | 454 |
| ABNB | CALL | SWEEP | BULLISH | 01/17/25 | $2.82 | $2.69 | $2.82 | $140.00 | $42.3K | 4.8K | 491 |
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 over 8 million active accommodation listings as of Sept. 30, 2024. 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.
Having examined the options trading patterns of Airbnb, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is Airbnb Standing Right Now?
- Currently trading with a volume of 2,537,634, the ABNB's price is down by -4.19%, now at $131.71.
- RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
- Anticipated earnings release is in 60 days.
Expert Opinions on Airbnb
In the last month, 2 experts released ratings on this stock with an average target price of $127.0.
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