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Looking At Airbnb's Recent Unusual Options Activity
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Looking At Airbnb's Recent Unusual Options Activity
Jun 6, 2024 8:14 AM

Financial giants have made a conspicuous bearish move on Airbnb ( ABNB ). Our analysis of options history for Airbnb ( ABNB ) revealed 15 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 40% showed bearish tendencies. Out of all the trades we spotted, 12 were puts, with a value of $2,109,439, and 3 were calls, valued at $207,443.

Predicted Price Range

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $55.0 and $200.0 for Airbnb ( ABNB ), spanning the last three months.

Volume & Open Interest Trends

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Airbnb's ( ABNB ) options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Airbnb's ( ABNB ) substantial trades, within a strike price spectrum from $55.0 to $200.0 over the preceding 30 days.

Airbnb Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ABNB PUT TRADE BEARISH 03/21/25 $16.65 $16.2 $16.6 $150.00 $1.6M 141 1.0K
ABNB CALL TRADE BEARISH 12/18/26 $29.0 $26.0 $26.0 $190.00 $130.0K 73 50
ABNB PUT SWEEP NEUTRAL 09/20/24 $13.3 $13.15 $13.17 $155.00 $52.7K 1.0K 146
ABNB PUT TRADE BEARISH 12/18/26 $26.1 $25.05 $25.7 $145.00 $51.4K 55 0
ABNB PUT SWEEP BEARISH 09/20/24 $13.6 $13.4 $13.5 $155.00 $44.7K 1.0K 66

About Airbnb

Started in 2008, Airbnb ( ABNB ) is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's ( ABNB ) platform offered 7.7 million active accommodation listings as of Dec. 31, 2023. Listings from the company's over 5 million hosts are spread over almost every country in the world. In 2023, 50% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.

In light of the recent options history for Airbnb ( ABNB ), it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is Airbnb Standing Right Now?

With a trading volume of 726,896, the price of ABNB is up by 1.47%, reaching $147.92.

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

Next earnings report is scheduled for 56 days from now.

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 ( ABNB ) options trades with real-time alerts from Benzinga Pro.

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