27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Financial giants have made a conspicuous bullish move on Expedia Group. Our analysis of options history for Expedia Group (NASDAQ:EXPE) revealed 14 unusual trades.
Delving into the details, we found 64% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $204,567, and 10 were calls, valued at $378,075.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $100.0 to $160.0 for Expedia Group over the recent three months.
Volume & Open Interest Trends
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Expedia Group'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 Expedia Group's whale trades within a strike price range from $100.0 to $160.0 in the last 30 days.
Expedia Group 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| EXPE | CALL | TRADE | BULLISH | 01/19/24 | $105.00 | $70.2K | 541 | 15 |
| EXPE | PUT | SWEEP | BEARISH | 03/15/24 | $155.00 | $53.2K | 81 | 82 |
| EXPE | PUT | SWEEP | BEARISH | 03/15/24 | $160.00 | $50.8K | 1 | 64 |
| EXPE | PUT | SWEEP | BEARISH | 03/15/24 | $155.00 | $50.3K | 81 | 40 |
| EXPE | PUT | SWEEP | BEARISH | 03/15/24 | $160.00 | $50.0K | 1 | 32 |
About Expedia Group
Expedia is the world's second largest online travel agency by bookings, offering services for lodging (76% of total 2022 sales), air tickets (3%), rental cars, cruises, in-destination, and other (14%), and advertising revenue (7%). Expedia operates a number of branded travel booking sites, including Expedia.com, Hotels.com, Travelocity, Orbitz, Wotif, AirAsia, and Vrbo. It also has a metasearch brand, Trivago. Transaction fees for online bookings account for the bulk of sales and profits.
In light of the recent options history for Expedia Group, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Expedia Group
- Currently trading with a volume of 1,557,263, the EXPE's price is up by 0.03%, now at $148.52.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 51 days.
What Analysts Are Saying About Expedia Group
2 market experts have recently issued ratings for this stock, with a consensus target price of $162.5.
- Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Expedia Group with a target price of $175.
- An analyst from Barclays downgraded its action to Equal-Weight with a price target of $150.
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 Expedia Group options trades with real-time alerts from Benzinga Pro.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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