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

Financial giants have made a conspicuous bearish move on Airbnb. Our analysis of options history for Airbnb ABNB revealed 29 unusual trades.

Delving into the details, we found 34% of traders were bullish, while 65% showed bearish tendencies. Out of all the trades we spotted, 20 were puts, with a value of $831,302, and 9 were calls, valued at $525,135.

Latest Startup Investment Opportunities:

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $130.0 to $200.0 for Airbnb over the last 3 months.

Volume & Open Interest Development

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 Airbnb'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 Airbnb's whale trades within a strike price range from $130.0 to $200.0 in the last 30 days.

Airbnb 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

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.

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

Airbnb's Current Market Status

• With a trading volume of 1,263,390, the price of ABNB is up by 0.01%, reaching $160.66.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 50 days from now.

Expert Opinions on Airbnb

Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $148.0.

• Reflecting concerns, an analyst from DA Davidson lowers its rating to Neutral with a new price target of $145.
• An analyst from Truist Securities persists with their Hold rating on Airbnb, maintaining a target price of $131.
• An analyst from B of A Securities persists with their Neutral rating on Airbnb, maintaining a target price of $168.

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