Airbnb Unusual Options Activity

Investors with a lot of money to spend have taken a bearish stance on Airbnb (NASDAQ:ABNB).

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 these are institutions or just wealthy individuals, we don't know. But when something this big happens with ABNB, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 14 uncommon options trades for Airbnb.

This isn't normal.

The overall sentiment of these big-money traders is split between 42% bullish and 57%, bearish.

Out of all of the special options we uncovered, 7 are puts, for a total amount of $442,760, and 7 are calls, for a total amount of $373,552.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $70.0 to $150.0 for Airbnb over the recent three 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 Airbnb'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 Airbnb's whale activity within a strike price range from $70.0 to $150.0 in the last 30 days.

Airbnb 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

About Airbnb

Following our analysis of the options activities associated with Airbnb, we pivot to a closer look at the company's own performance.

Current Position of Airbnb

  • Trading volume stands at 2,151,512, with ABNB's price up by 0.25%, positioned at $126.59.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 88 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 Airbnb options trades with real-time alerts from Benzinga Pro.

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