What the Options Market Tells Us About Airbnb
Portfolio Pulse from Benzinga Insights
The options market shows a bearish sentiment towards Airbnb (NASDAQ:ABNB), with 70% of recent trades being puts. Analysts have mixed ratings, with price targets ranging from $129 to $190. The stock is currently down 4.01% at $133.96, and RSI indicators suggest it may be oversold.
August 01, 2024 | 6:32 pm
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The options market shows a bearish sentiment towards Airbnb, with 70% of recent trades being puts. Analysts have mixed ratings, with price targets ranging from $129 to $190. The stock is currently down 4.01% at $133.96, and RSI indicators suggest it may be oversold.
The majority of options trades are bearish, indicating that large investors expect the stock to decline. Additionally, mixed analyst ratings and a recent price drop further support a negative short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100