This is a Goldman trade idea from their Weekly Options Watch Tactical Trades on 4/19/23: ABNB 5/26/23 straddle ahead of earnings on 5/2/23. Goldman expects considerable volatility in the growth profile of alternative accommodation booking platform AirBNB. The May 26th Straddle is going for $13.55; breakeven at $128.55 and $101.45. The 1M IV of 48 is only in its 22nd percentile relative to the past year.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.