Financial Giants Bullish on Airbnb: Unpacking Unusual Options Trades

Financial giants have been making a strong bullish move on Airbnb recently, as indicated by the options trading activity. An analysis of Airbnb’s options history revealed 21 unusual trades, with 61% of traders showing a bullish sentiment and 23% displaying bearish tendencies. Among these trades, 3 were puts worth $136,290, and 18 were calls valued at $1,061,510. It seems that these “whales” have been eyeing a price range for Airbnb between $115.0 and $240.0 over the last 3 months, based on the Volume and Open Interest on these contracts.

Airbnb, established in 2008, is the world’s largest online alternative accommodation travel agency, offering booking services for boutique hotels and experiences. With 7.7 million active accommodation listings and over 5 million hosts worldwide, the company generated 50% of its revenue from the North American region in 2023. Options trading is considered riskier than simply trading the stock but can yield higher profits. To manage this risk, serious options traders educate themselves daily, use multiple indicators, and closely follow market trends.

For those interested in staying updated on the latest options trades for Airbnb, it is recommended to use tools like Benzinga Pro, which provides real-time options trade alerts. Without providing investment advice, Benzinga Pro offers insights, alerts, analyst ratings, free reports, and breaking news that can impact the stocks investors care about.