A Closer Look at C3.ai's Options Market Dynamics

Deep-pocketed investors have adopted a bearish approach towards C3.ai AI, 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 AI usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for C3.ai. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 45% leaning bullish and 54% bearish. Among these notable options, 5 are puts, totaling $181,088, and 6 are calls, amounting to $221,044.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $21.5 to $50.0 for C3.ai during the past quarter.

Insights into Volume & Open Interest

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in C3.ai's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to C3.ai's substantial trades, within a strike price spectrum from $21.5 to $50.0 over the preceding 30 days.

C3.ai Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

About C3.ai

C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Suite, is a comprehensive application development and runtime environment that is designed to allow customers to rapidly design, develop, and deploy Enterprise AI applications of any type; C3 AI Applications, include a large and growing family of industry-specific and application-specific turnkey AI solutions that can be immediately installed and deployed; and C3.ai Ex Machina, analytics for applying data science to every-day business decisions.

Following our analysis of the options activities associated with C3.ai, we pivot to a closer look at the company's own performance.

Present Market Standing of C3.ai

• Trading volume stands at 4,093,202, with AI's price down by -2.36%, positioned at $26.43.
• RSI indicators show the stock to be may be oversold.
• Earnings announcement expected in 58 days.

Expert Opinions on C3.ai

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $33.0.

• An analyst from Piper Sandler has decided to maintain their Neutral rating on C3.ai, which currently sits at a price target of $33.

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 C3.ai, Benzinga Pro gives you real-time options trades alerts.