financetom
Business
financetom
/
Business
/
C3.ai Unusual Options Activity For December 18
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
C3.ai Unusual Options Activity For December 18
Dec 18, 2024 9:49 AM

Investors with a lot of money to spend have taken a bearish stance on C3.ai ( AI ) .

And retail traders should know.

We noticed this today when the positions 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 AI, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 18 options trades for C3.ai ( AI ).

This isn't normal.

The overall sentiment of these big-money traders is split between 22% bullish and 72%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $105,000, and 17, calls, for a total amount of $973,263.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to $65.0 for C3.ai ( AI ) over the recent three months.

Analyzing Volume & Open Interest

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 C3.ai's ( AI ) 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 C3.ai's ( AI ) whale activity within a strike price range from $30.0 to $65.0 in the last 30 days.

C3.ai 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
AI CALL TRADE BEARISH 01/17/25 $4.4 $4.3 $4.3 $40.00 $129.0K 31.0K 525
AI PUT TRADE BEARISH 01/17/25 $2.14 $2.04 $2.1 $40.00 $105.0K 5.4K 574
AI CALL TRADE BULLISH 04/17/25 $8.6 $8.45 $8.6 $40.00 $86.0K 3.5K 168
AI CALL TRADE BEARISH 04/17/25 $8.4 $8.15 $8.23 $40.00 $82.3K 3.5K 818
AI CALL TRADE BULLISH 04/17/25 $8.4 $7.65 $8.22 $40.00 $82.2K 3.5K 368

About C3.ai

C3.ai Inc ( AI ) is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Platform, which is an end-to-end application development and runtime environment for designing, developing, and deploying AI applications: C3 AI Applications, which is a portfolio of pre-built, extensible, industry-specific, and application-specific Enterprise AI applications: and C3 Generative AI, which combines the utility of large language models. Geographically the company derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and the Rest of the World.

Having examined the options trading patterns of C3.ai ( AI ), our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is C3.ai Standing Right Now?

With a trading volume of 3,457,009, the price of AI is up by 2.1%, reaching $43.76.

Current RSI values indicate that the stock is may be overbought.

Next earnings report is scheduled for 70 days from now.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.

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 C3.ai ( AI ), Benzinga Pro gives you real-time options trades alerts.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved