Airbnb Unusual Options Activity For September 22
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Airbnb (NASDAQ:ABNB) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 40% bullish and 60% bearish. The majority of the options are puts, totaling $1,710,970, with a single call amounting to $28,486. The targeted price range for Airbnb over the last 3 months has been from $110.0 to $150.0.
September 22, 2023 | 2:16 pm
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Airbnb has seen unusual options activity with a bearish sentiment. The targeted price range for the stock over the last 3 months has been from $110.0 to $150.0.
The unusual options activity, particularly the predominance of puts over calls, indicates a bearish sentiment among large investors. This could potentially drive the stock price down in the short term.
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