Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Airbnb's Options: A Look at What the Big Money is Thinking

Author: Benzinga Insights | May 31, 2024 11:01am

Financial giants have made a conspicuous bearish move on Airbnb. Our analysis of options history for Airbnb (NASDAQ:ABNB) revealed 21 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 47% showed bearish tendencies. Out of all the trades we spotted, 16 were puts, with a value of $2,687,903, and 5 were calls, valued at $208,212.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $145.0 and $220.0 for Airbnb, spanning the last three months.

Volume & Open Interest Trends

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 $145.0 to $220.0, over the past month.

Airbnb Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ABNB PUT TRADE BULLISH 06/21/24 $12.2 $11.15 $11.55 $155.00 $1.2M 2.3K 2
ABNB PUT SWEEP NEUTRAL 08/16/24 $9.05 $9.0 $9.04 $145.00 $363.3K 648 2.0K
ABNB PUT SWEEP NEUTRAL 08/16/24 $9.05 $8.95 $9.0 $145.00 $200.0K 648 1.3K
ABNB PUT SWEEP BULLISH 06/21/24 $12.2 $11.9 $11.99 $155.00 $165.2K 2.3K 1.6K
ABNB PUT SWEEP BEARISH 09/20/24 $10.35 $10.1 $10.3 $145.00 $138.0K 1.0K 138

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.

Following our analysis of the options activities associated with Airbnb, we pivot to a closer look at the company's own performance.

Where Is Airbnb Standing Right Now?

  • Trading volume stands at 722,605, with ABNB's price down by -1.25%, positioned at $143.7.
  • RSI indicators show the stock to be may be approaching oversold.
  • Earnings announcement expected in 62 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.

Posted In: ABNB