Investors with a lot of money to spend have taken a bearish stance on C3.ai AI.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with AI, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 18 options trades for C3.ai.
This isn't normal.
The overall sentiment of these big-money traders is split between 22% bullish and 72%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $105,000, and 17, calls, for a total amount of $973,263.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $30.0 to $65.0 for C3.ai over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for C3.ai's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of C3.ai's whale activity within a strike price range from $30.0 to $65.0 in the last 30 days.
C3.ai 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AI | CALL | TRADE | BEARISH | 01/17/25 | $4.4 | $4.3 | $4.3 | $40.00 | $129.0K | 31.0K | 525 |
| AI | PUT | TRADE | BEARISH | 01/17/25 | $2.14 | $2.04 | $2.1 | $40.00 | $105.0K | 5.4K | 574 |
| AI | CALL | TRADE | BULLISH | 04/17/25 | $8.6 | $8.45 | $8.6 | $40.00 | $86.0K | 3.5K | 168 |
| AI | CALL | TRADE | BEARISH | 04/17/25 | $8.4 | $8.15 | $8.23 | $40.00 | $82.3K | 3.5K | 818 |
| AI | CALL | TRADE | BULLISH | 04/17/25 | $8.4 | $7.65 | $8.22 | $40.00 | $82.2K | 3.5K | 368 |
About C3.ai
C3.ai Inc is an enterprise artificial intelligence company. The company provides software-as-a-service applications that enable customers to rapidly develop, deploy, and operate large-scale Enterprise AI applications across any infrastructure. It provides solutions under three divisions namely, The C3 AI Platform, which is an end-to-end application development and runtime environment for designing, developing, and deploying AI applications: C3 AI Applications, which is a portfolio of pre-built, extensible, industry-specific, and application-specific Enterprise AI applications: and C3 Generative AI, which combines the utility of large language models. Geographically the company derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and the Rest of the World.
Having examined the options trading patterns of C3.ai, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Where Is C3.ai Standing Right Now?
- With a trading volume of 3,457,009, the price of AI is up by 2.1%, reaching $43.76.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 70 days from now.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling 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 C3.ai, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
