Airbnb Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Airbnb (NASDAQ:ABNB), with big-money traders showing a 60% bullish and 40% bearish sentiment. Whales have been targeting a price range of $100 to $130 for Airbnb over the last 3 months.
May 30, 2023 | 7:32 pm
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Airbnb experiences unusual options activity, with a 60% bullish and 40% bearish sentiment among big-money traders. Target price range is $100 to $130.
The unusual options activity indicates that big-money traders are taking positions on Airbnb, with a majority leaning towards a bullish stance. This could potentially drive the stock price up in the short term as more investors follow suit. The targeted price range of $100 to $130 also suggests an expected increase in the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100