Airbnb's Options Frenzy: What You Need to Know

Investors with a lot of money to spend have taken a bearish stance on Airbnb ABNB.

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with ABNB, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 9 options trades for Airbnb.

This isn't normal.

The overall sentiment of these big-money traders is split between 33% bullish and 66%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $28,500, and 8, calls, for a total amount of $1,447,792.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $150.0 to $175.0 for Airbnb during the past quarter.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Airbnb options trades today is 463.0 with a total volume of 696.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Airbnb's big money trades within a strike price range of $150.0 to $175.0 over the last 30 days.

Airbnb Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ABNB CALL SWEEP NEUTRAL 06/20/25 $175.00 $340.3K 171 66
ABNB CALL SWEEP BULLISH 09/20/24 $150.00 $335.1K 588 126
ABNB CALL SWEEP NEUTRAL 10/18/24 $165.00 $231.9K 41 0
ABNB CALL SWEEP NEUTRAL 06/21/24 $155.00 $212.4K 1.6K 0
ABNB CALL TRADE BEARISH 09/20/24 $150.00 $187.5K 588 60

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.

In light of the recent options history for Airbnb, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Airbnb Standing Right Now?

  • With a volume of 467,593, the price of ABNB is up 0.61% at $169.02.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 42 days.

What The Experts Say On Airbnb

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

  • An analyst from B of A Securities persists with their Neutral rating on Airbnb, maintaining a target price of $168.
  • Maintaining their stance, an analyst from Truist Securities continues to hold a Hold rating for Airbnb, targeting a price of $131.
  • In a cautious move, an analyst from DA Davidson downgraded its rating to Neutral, setting a price target of $145.

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.

Market News and Data brought to you by Benzinga APIs
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Posted In: OptionsMarketsBZI-UOA
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