Unpacking the Latest Options Trading Trends in Airbnb – Airbnb (NASDAQ:ABNB)
Airbnb Investors Take a Bearish Stance: But Why?
Investors with a lot of money to spend have been eyeing Airbnb (ABNB) with a bearish sentiment. And it’s not just regular retail traders who are taking this stance – big-money players are too. We noticed this when the trades showed up on our publicly available options history. When big investors like institutions or wealthy individuals take a bearish stance, it often means they expect something big to happen.
What’s Happening with Airbnb Options?
Benzinga’s options scanner has spotted 10 unusual options trades for Airbnb, which is far from normal. The overall sentiment of these big-money traders is split between 40% bullish and 50% bearish. Out of these special options, 4 are puts, totaling $174,919, while 6 are calls, totaling $389,760.
Predicted Price Range
Analyzing the volume and open interest in these contracts, we found that the big players have been eyeing a price window from $115.0 to $180.0 for Airbnb during the past quarter.
Analyzing Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Airbnb’s options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Airbnb’s significant trades, within a strike price range of $115.0 to $180.0, over the past month.
Airbnb Option Volume And Open Interest Over Last 30 Days
[Image description: A chart showing the volume and open interest for Airbnb’s options]
Notable Options Activity
Here are the top trades:
Symbol | Put/Call | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
ABNB | Call | TRADE | NEUTRAL | 01/16/26 | $14.55 | $9.40 | $12.00 | $180.00 | $120,000 | 460 | 100 |
ABNB | Call | TRADE | BEARISH | 11/15/24 | $14.05 | $13.90 | $13.90 | $130.00 | $102,800 | 1,400 | 89 |
ABNB | Put | SWEEP | BULLISH | 03/21/25 | $14.40 | $14.20 | $14.20 | $145.00 | $69,500 | 664 | 49 |
ABNB | Call | TRADE | BULLISH | 11/08/24 | $5.90 | $5.30 | $5.70 | $143.00 | $57,000 | 148 | 102 |
About Airbnb
Founded in 2008, Airbnb is the world’s largest online alternative accommodation travel agency, offering booking services for boutique hotels and experiences. With over 5 million hosts and 8 million active listings as of June 30, 2024, Airbnb’s platform spans almost every country in the world. In 2023, 50% of revenue came from the North American region. Transaction fees for online bookings account for all its revenue.
Present Market Standing of Airbnb
- Trading volume stands at 1,734,677, with ABNB’s price up by 1.81%, positioned at $140.31.
- RSI indicators show the stock may be approaching overbought.
- Earnings announcement expected in 1 day.
What the Experts Say on Airbnb
Four market experts have recently issued ratings for this stock, with a consensus target price of $130.75. 🤔