Market Whales and Their Recent Bets on BILL Options

Whales with a lot of money to spend have taken a noticeably bearish stance on BILL Holdings.

Looking at options history for BILL Holdings BILL we detected 22 trades.

If we consider the specifics of each trade, it is accurate to state that 36% of the investors opened trades with bullish expectations and 63% with bearish.

From the overall spotted trades, 20 are puts, for a total amount of $1,010,481 and 2, calls, for a total amount of $118,180.

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Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $65.0 to $140.0 for BILL Holdings over the recent three months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for BILL Holdings's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across BILL Holdings's significant trades, within a strike price range of $65.0 to $140.0, over the past month.

BILL Holdings Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

About BILL Holdings

BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.

After a thorough review of the options trading surrounding BILL Holdings, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

BILL Holdings's Current Market Status

• With a volume of 1,363,403, the price of BILL is down -1.86% at $80.07.
• RSI indicators hint that the underlying stock may be approaching overbought.
• Next earnings are expected to be released in 30 days.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for BILL Holdings with Benzinga Pro for real-time alerts.