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Airbnb's Options: A Look at What the Big Money is Thinking

Author: Benzinga Insights | April 18, 2024 11:34am

Deep-pocketed investors have adopted a bearish approach towards Airbnb (NASDAQ:ABNB), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ABNB usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Airbnb. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 37% leaning bullish and 62% bearish. Among these notable options, 2 are puts, totaling $80,830, and 6 are calls, amounting to $282,598.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $150.0 and $185.0 for Airbnb, spanning the last three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Airbnb options trades today is 1117.12 with a total volume of 207.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Airbnb's big money trades within a strike price range of $150.0 to $185.0 over the last 30 days.

Airbnb Option Activity Analysis: Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ABNB CALL TRADE BULLISH 05/17/24 $15.8 $13.4 $14.84 $150.00 $84.5K 205 0
ABNB CALL TRADE NEUTRAL 06/21/24 $5.25 $5.1 $5.17 $180.00 $51.7K 1.5K 0
ABNB CALL SWEEP BEARISH 06/21/24 $6.75 $6.6 $6.62 $175.00 $49.6K 2.0K 126
ABNB PUT TRADE BEARISH 06/20/25 $23.0 $22.9 $23.0 $160.00 $46.0K 243 0
ABNB CALL SWEEP NEUTRAL 06/21/24 $4.0 $3.9 $3.9 $185.00 $39.0K 1.6K 10

About Airbnb

Started in 2008, Airbnb is the world's largest online alternative accommodation travel agency, also offering booking services for boutique hotels and experiences. Airbnb's platform offered 7.7 million active accommodation listings as of Dec. 31, 2023. Listings from the company's over 5 million hosts are spread over almost every country in the world. In 2023, 50% of revenue was from the North American region. Transaction fees for online bookings account for all its revenue.

Following our analysis of the options activities associated with Airbnb, we pivot to a closer look at the company's own performance.

Present Market Standing of Airbnb

  • Trading volume stands at 1,191,363, with ABNB's price up by 2.43%, positioned at $162.22.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 19 days.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Airbnb with Benzinga Pro for real-time alerts.

Posted In: ABNB

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