Looking At C3.ai's Recent Unusual Options Activity

Financial giants have made a conspicuous bearish move on C3.ai. Our analysis of options history for C3.ai AI revealed 8 unusual trades.

Delving into the details, we found 25% of traders were bullish, while 62% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $110,883, and 5 were calls, valued at $218,128.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $5.0 to $39.0 for C3.ai over the last 3 months.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for C3.ai's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across C3.ai's significant trades, within a strike price range of $5.0 to $39.0, over the past month.

C3.ai Call and Put Volume: 30-Day Overview

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 SWEEP BEARISH 06/07/24 $6.8 $5.75 $5.8 $24.00 $91.0K 747 0
AI PUT TRADE NEUTRAL 08/16/24 $2.64 $2.58 $2.61 $30.00 $52.2K 3.2K 300
AI CALL SWEEP BEARISH 08/16/24 $2.83 $2.81 $2.81 $30.00 $49.4K 4.3K 205
AI PUT SWEEP BULLISH 06/14/24 $9.4 $9.15 $9.2 $39.00 $31.2K 0 1
AI CALL SWEEP BULLISH 06/07/24 $11.95 $11.8 $11.95 $18.00 $27.4K 2 0

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.

In light of the recent options history for C3.ai, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Current Position of C3.ai

  • Trading volume stands at 2,282,820, with AI's price up by 0.94%, positioned at $29.95.
  • RSI indicators show the stock to be may be overbought.
  • Earnings announcement expected in 91 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.

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Posted In: OptionsMarketsBZI-UOA
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