Looking At Bilibili's Recent Unusual Options Activity

Looking At Bilibili's Recent Unusual Options Activity

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

Looking at options history for Bilibili BILI we detected 10 strange trades.

If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $126,700 and 6, calls, for a total amount of $685,149.

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 $55.0 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 $55.0 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 BULLISH 01/19/24 $55.00 $519.1K 343 1.2K
BILI CALL TRADE NEUTRAL 04/21/23 $20.00 $40.0K 2.3K 54
BILI CALL TRADE BEARISH 04/21/23 $20.00 $38.7K 2.3K 104
BILI PUT TRADE BULLISH 01/20/23 $20.00 $38.0K 1.4K 215
BILI PUT TRADE BEARISH 12/16/22 $23.00 $37.0K 134 967

Where Is Bilibili Standing Right Now?

  • With a volume of 12,924,808, the price of BILI is up 10.52% at $24.0.
  • RSI indicators hint that the underlying stock may be overbought.
  • Next earnings are expected to be released in 84 days.

What The Experts Say On Bilibili:

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

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