Airbnb Unusual Options Activity For June 30
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Airbnb (NASDAQ:ABNB), with a majority of investors taking a bullish stance. Of the 11 strange trades detected, 72% were bullish and 27% were bearish. The total amount for puts was $61,387 and for calls was $687,706. Whales have been targeting a price range from $80.0 to $155.0 for Airbnb over the last 3 months. The price of ABNB is up 3.31% at $129.25. Several experts have downgraded their ratings on Airbnb, with price targets ranging from $99 to $150.
June 30, 2023 | 4:32 pm
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Airbnb has seen unusual options activity, with a majority of investors taking a bullish stance. The price of ABNB is up 3.31% at $129.25. Several experts have downgraded their ratings on Airbnb, with price targets ranging from $99 to $150.
The unusual options activity, majority of which is bullish, indicates a positive sentiment among investors. This, coupled with the recent increase in Airbnb's stock price, suggests a potential short-term positive impact on the stock. However, the downgraded ratings from experts could create some uncertainty, potentially limiting the stock's upward movement.
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