Bilibili Unusual Options Activity For December 05

Someone with a lot of money to spend has taken a bearish stance on Bilibili BILI.

And retail traders should know.

We noticed this today when the big position 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 BILI, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 12 uncommon options trades for Bilibili.

This isn't normal.

The overall sentiment of these big-money traders is split between 16% bullish and 83%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $225,081, and 9 are calls, for a total amount of $688,672.

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 $10.0 to $35.0 for Bilibili over the last 3 months.

Volume & Open Interest Development

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 Bilibili'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 Bilibili's whale activity within a strike price range from $10.0 to $35.0 in the last 30 days.

Bilibili 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
BILI CALL SWEEP BEARISH 04/21/23 $20.00 $275.0K 1.5K 588
BILI PUT SWEEP BULLISH 12/09/22 $19.00 $120.1K 605 1.9K
BILI CALL TRADE BEARISH 12/16/22 $15.00 $106.5K 3.2K 284
BILI CALL SWEEP BEARISH 12/16/22 $15.00 $80.4K 3.2K 131
BILI CALL SWEEP BULLISH 01/20/23 $25.00 $79.6K 12.1K 355

Where Is Bilibili Standing Right Now?

  • With a volume of 8,765,928, the price of BILI is up 8.06% at $21.44.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 87 days.

What The Experts Say On Bilibili:

  • Goldman Sachs has decided to maintain their Neutral rating on Bilibili, which currently sits at a price target of $22.
  • Barclays has decided to maintain their Equal-Weight rating on Bilibili, which currently sits at a price target of $16.

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

Posted In: BZI-UOAOptionsMarkets