A big company called Benzinga is talking about how some really big people (called "Market Whales") are making bets on a company called BILL Options. They are saying that these big people are hoping that the price of BILL Options will go up or down a lot. These big people are very smart and know a lot about the business world. They think that the price of BILL Options will change soon and that can make them a lot of money. People are watching very closely to see what happens with these bets. Read from source...
market whales, $45-$65 target prices, unusual trades, bullish or bearish tendencies, volume & open interest. With Benzinga insights, options activities and BILL Holdings' performance, traders should weigh risks vs rewards. AI sees these as indicators not conclusions, nor definitive trade signals. As always, due diligence is advised.
Market giants have shown a conspicuous bullish move on BILL Holdings. Our examination of options history for BILL Holdings revealed 13 unusual trades. Delving into the specifics, we found that 61% of traders were bullish, while 38% exhibited bearish tendencies. Out of all the trades we detected, 5 were puts, with a value of $815,560, and 8 were calls, valued at $459,019. Predicted Price Range: Considering the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $65.0 for BILL Holdings over the last 3 months. Insights into Volume & Open Interest: Analyzing volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in BILL Holdings' options at specified strike prices. The following data visualizes the fluctuation in volume and open interest for both calls and puts, linked to BILL Holdings' substantial trades, within a strike price range from $45.0 to $65.0 over the past 30 days.
BILL Holdings 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
Symbol PUT/CALL
Trade Type PUT
Sentiment BEARISH
Value $475.5K
Open Interest 1.3K
Trade Type CALL
Sentiment BULLISH
Value $459,019
Open Interest 2.8K
About BILL Holdings: BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
Where Is BILL Holdings Standing Right Now? With a volume of 623,829, the price of BILL is down -0.23% at $51.35. RSI indicators suggest that the underlying stock is currently neutral between overbought and oversold. Next earnings are expected to be released in 0 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 BILL Holdings with Benzinga Pro for real-time alerts.
Investors should carefully consider their investment objectives, risks, charges, and expenses before investing. Historical performance is not indicative of future results. Market data provided by Benzinga is not meant to be a primary source of investment decisions.