What the Options Market Tells Us About Airbnb
Portfolio Pulse from Benzinga Insights
Benzinga's options scanner detected significant options trading activity for Airbnb (NASDAQ:ABNB), with over 15 trades amounting to $3,026,942. The options market indicates a bullish sentiment, targeting a price range of $120.0 to $190.0 for Airbnb. The largest trades were bullish call sweeps with expiration dates in 2025 and 2026, focusing on strike prices of $170 and $190. Airbnb, a leading online accommodation and booking service, has seen its stock price slightly increase to $163.24. Analysts have mixed ratings on ABNB, with target prices ranging from $135 to $180.
March 12, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Airbnb's options market activity suggests bullish sentiment, with trades targeting a $120-$190 price range. Analysts' ratings and target prices vary, indicating mixed expectations for the stock's future performance.
The significant options trading volume and bullish sentiment, combined with the current stock price movement and mixed analyst ratings, suggest a positive short-term impact on ABNB's stock price. However, the wide range of analyst target prices and the current RSI approaching overbought territory introduce some uncertainty, moderating the confidence level.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100