Looking At Airbnb's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Airbnb (NASDAQ:ABNB), indicating a bullish stance by a large investor or institution. The overall sentiment of these big-money traders is split between 55% bullish and 44% bearish. The options activity suggests a target price range from $105.0 to $160.0 for Airbnb over the last 3 months. Several financial institutions have maintained their ratings on Airbnb, with price targets ranging from $105 to $165.
August 17, 2023 | 8:01 pm
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Unusual options activity has been observed for Airbnb, indicating a bullish stance by a large investor. This could potentially impact the stock's price in the short term.
The unusual options activity, particularly the bullish stance, indicates that a large investor or institution expects Airbnb's stock price to rise. This could potentially lead to increased buying activity, driving up the stock's price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100