This Is What Whales Are Betting On Airbnb
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Airbnb (NASDAQ:ABNB), with 12 uncommon options trades spotted. The sentiment of these trades is split 50% bullish and 50% bearish. The trades include 10 puts worth $1,096,836 and 2 calls worth $87,427. Whales have been targeting a price range from $130.0 to $160.0 for Airbnb over the last 3 months. Tigress Financial has downgraded its action to Buy with a price target of $185, while Morgan Stanley maintains an Underweight rating with a price target of $110.
September 13, 2023 | 2:16 pm
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A large investor has taken a bullish stance on Airbnb, with unusual options activity observed. The sentiment is split 50% bullish and 50% bearish. Analysts have mixed views, with Tigress Financial downgrading to Buy with a target of $185, and Morgan Stanley maintaining an Underweight rating with a target of $110.
The large options trades indicate that there is significant interest in Airbnb's stock, which could lead to increased volatility. The mixed sentiment of the trades and the differing views of analysts make the short-term impact on the stock uncertain.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100