Bilibili Unusual Options Activity – Bilibili (NASDAQ:BILI)

Anyone who has a lot of money to spend has taken a bearish stance bilibili Billy,

And retail traders should know.

We noticed this today when large positions appeared on the publicly available options history that we track here at Benzinga.

Whether it is some institution or just a wealthy person, we do not know. But when something this big happens with BILI, it often means that someone knows something is about to happen.

So how do we know what this whale just did?

today, benzingaK Options Scanner spotted 16 unusual options trades for Bilibili.

this is not normal.

The overall sentiment among these big money traders is split between 37% bullish and 62% bearish.

Of all the special options we find, 6 are puts, for a total amount of $206,679, and 10 are calls, for a total amount of $1,164,332.

What is a price target?

Considering the volume and open interest on these contracts, it appears that whales are targeting a price range of $17.5 to $35.0 for Bilibili over the past 3 months.

Volume and Open Interest Development

Looking at volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest for Bilibili’s options for a given strike price. Below, we can see the evolution of call and put volumes and open interest, respectively, for all whale trades on Bilibili within the strike price range of $17.5 to $35.0 over the past 30 days.

Bilibili option volume and open interest over the last 30 days

Largest options seen:

symbol put/call business type Rate Exp. Date strike price net trade value open interest amount
Billy Call Business recession 04/21/23 $35.00 $504.9K 4.0 thousand 1.7 thousand
Billy Call Do the sweeping fast 04/21/23 $25.00 $225.5K 5.8 thousand 487
Billy Call Do the sweeping fast 01/06/23 $23.00 $86.5K 461 363
Billy Call Business recession 01/20/23 $25.00 $70.8K 13.0K 498
Billy keep Business recession 01/27/23 $20.00 $56.2K 0 500

Where is Bilibili standing now?

  • BILI price is down -12.97% to $22.11, with a volume of 13,701,641.
  • The RSI indicator is indicating that the underlying stock may be overbought.
  • The next earnings release is expected in 80 days.

What the experts say on Bilibili:

  • Goldman Sachs has decided to maintain its neutral rating on Bilibili, currently with a price target of $22.
  • Barclays has decided to maintain its equal-weight rating on Bilibili, which currently has a price target of $16.

Options are a riskier asset than stock trading, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scalping in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Bilibili, benzinga pro Provides you with real-time options trade alerts.

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