Looking At Airbnb's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A recent unusual options activity shows a bearish stance on Airbnb (NASDAQ:ABNB), with 73% of big-money traders being bearish and 26% bullish. Whales have been targeting a price range of $100 to $115 for Airbnb over the last 3 months.
May 23, 2023 | 2:31 pm
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Airbnb experiences unusual options activity with a bearish stance, as 73% of big-money traders are bearish and 26% are bullish. The target price range is between $100 and $115.
The unusual options activity indicates that a significant number of big-money traders are bearish on Airbnb, which could lead to downward pressure on the stock price in the short term. The target price range of $100 to $115 also suggests potential downside from the current price. This information is relevant and important for investors in Airbnb, and the confidence in the analysis is high due to the clear data on the bearish sentiment.
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IMPORTANCE 75
RELEVANCE 100