Airbnb Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Airbnb (NASDAQ:ABNB) has been observed through unusual options activity. A total of 40 options trades were spotted, with a split sentiment of 50% bullish and 50% bearish. The majority of these options are puts, with a total amount of $2,711,456, and one call, for a total amount of $27,730. The targeted price range for Airbnb over the last 3 months is from $105.0 to $145.0.
October 20, 2023 | 2:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Unusual options activity has been observed for Airbnb, indicating a significant bullish stance. This could potentially impact the stock's price in the short term.
The unusual options activity, particularly the high number of puts, indicates that investors are expecting Airbnb's stock price to increase. This bullish sentiment could potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100