Airbnb Whale Trades For December 22

Airbnb Whale Trades For December 22

A whale with a lot of money to spend has taken a noticeably bullish stance on Airbnb.

Looking at options history for Airbnb ABNB we detected 13 strange trades.

If we consider the specifics of each trade, it is accurate to state that 76% of the investors opened trades with bullish expectations and 23% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $938,244 and 7, calls, for a total amount of $742,590.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $145.0 to $200.0 for Airbnb over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Airbnb options trades today is 1057.83 with a total volume of 19,807.00.

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 $145.0 to $200.0 over the last 30 days.

Airbnb Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ABNB PUT SWEEP BULLISH 02/18/22 $160.00 $611.5K 3.0K 3.4K
ABNB CALL TRADE BEARISH 07/15/22 $180.00 $528.0K 244 275
ABNB PUT SWEEP BULLISH 02/18/22 $160.00 $184.4K 3.0K 3.6K
ABNB PUT SWEEP BULLISH 02/18/22 $160.00 $44.9K 3.0K 3.4K
ABNB CALL TRADE BULLISH 12/31/21 $170.00 $44.1K 839 851

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
ABNB PUT SWEEP BULLISH 02/18/22 $160.00 $611.5K 3.0K 3.4K
ABNB CALL TRADE BEARISH 07/15/22 $180.00 $528.0K 244 275
ABNB PUT SWEEP BULLISH 02/18/22 $160.00 $184.4K 3.0K 3.6K
ABNB PUT SWEEP BULLISH 02/18/22 $160.00 $44.9K 3.0K 3.4K
ABNB CALL TRADE BULLISH 12/31/21 $170.00 $44.1K 839 851

Where Is Airbnb Standing Right Now?

  • With a volume of 2,414,694, the price of ABNB is up 2.26% at $169.4.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 64 days.

What The Experts Say On Airbnb:

  • RBC Capital downgraded its action to Sector Perform with a price target of $175

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 are already an options trader or would like to get started, head on over to Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy.

Posted In: BZI-UOAOptionsMarkets