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

Investors with a lot of money to spend have taken a bearish stance on C3.ai AI.

And retail traders should know.

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

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with AI, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 9 options trades for C3.ai.

This isn't normal.

The overall sentiment of these big-money traders is split between 44% bullish and 55%, bearish.

Out of all of the options we uncovered, 8 are puts, for a total amount of $326,249, and there was 1 call, for a total amount of $99,000.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $20.0 and $47.5 for C3.ai, spanning the last three months.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for C3.ai'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 C3.ai's whale activity within a strike price range from $20.0 to $47.5 in the last 30 days.

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

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AI CALL TRADE BEARISH 04/12/24 $5.05 $4.9 $4.95 $20.00 $99.0K 200 1
AI PUT TRADE NEUTRAL 06/21/24 $3.25 $3.15 $3.2 $25.00 $80.3K 17.3K 791
AI PUT TRADE BEARISH 06/21/24 $23.0 $22.7 $22.89 $47.50 $57.2K 60 0
AI PUT SWEEP BULLISH 01/17/25 $4.7 $4.6 $4.6 $22.50 $46.0K 2.5K 1
AI PUT SWEEP BULLISH 06/21/24 $6.55 $6.4 $6.46 $30.00 $31.0K 5.5K 359

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.

Where Is C3.ai Standing Right Now?

  • With a volume of 2,599,859, the price of AI is down -0.04% at $24.96.
  • RSI indicators hint that the underlying stock may be oversold.
  • Next earnings are expected to be released in 50 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 C3.ai options trades with real-time alerts from Benzinga Pro.

Market News and Data brought to you by Benzinga APIs
Date of Trade
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Strike Price
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Posted In: OptionsMarketsBZI-UOA
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