Market Whales and Their Recent Bets on ABNB Options
Portfolio Pulse from Benzinga Insights
Market whales have taken a bearish stance on Airbnb (NASDAQ:ABNB) options, with 50% of trades being bearish and 43% bullish. The major market movers are focusing on a price band between $150.0 and $170.0. Currently, ABNB is trading at $148.3 with a neutral RSI. Analysts have mixed ratings, with price targets ranging from $129 to $190.
July 22, 2024 | 6:45 pm
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Market whales have taken a bearish stance on Airbnb options, with 50% of trades being bearish and 43% bullish. The major market movers are focusing on a price band between $150.0 and $170.0. Currently, ABNB is trading at $148.3 with a neutral RSI. Analysts have mixed ratings, with price targets ranging from $129 to $190.
The majority of high-value options trades are bearish, indicating a negative sentiment among market movers. This, combined with mixed analyst ratings and a current price below the focused price band, suggests a likely short-term downward pressure on ABNB's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100