Several major companies, including The Coca-Cola Company (NYSE: KO), Airbnb, Inc. (NASDAQ: ABNB), Marriott International, Inc. (NASDAQ: MAR) and Tripadvisor, Inc. (NASDAQ: TRIP) are scheduled to release quarterly earnings today.
© Provided by Benzinga
On CNBC’s “Options Action,” Mike Khouw of Optimize Advisors said Airbnb traded at over 2x average daily options volume on Monday.

Load Error
Options markets are implying a move of +/-9% by the end of the week.
Don’t forget to check out our premarket coverage here
There were buyers of 5,952 of the February 100-puts at an average price of $1.03 per contract, Khouw mentioned.
The traders expect Airbnb’s stock dropping at least 15% by Friday.
Trending: Pepsi Shares Its Experience Using The Tesla Semi: What Drivers Are Saying – Tesla (NASDAQ:TSLA)
Price Action: Shares of Airbnb gained 6.9% to close at $116.42 on Monday.
Check This Out: $5M Bet On Minerva Surgical? Check Out These 4 Penny Stocks Insiders Are Buying
Photo: Airbnb
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SPONSORED
Retirement can be a difficult part of life to navigate, and a financial advisor can help. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
This article Airbnb Options Traders Betting On Stock Falling This Much By Friday originally appeared on Benzinga.com
.