Airbnb (ABNB) is set to release its fourth-quarter earnings report this Thursday, with the stock down 11% since January and over 10% in the past 52 weeks. The Barchart Technical Opinion indicator currently rates ABNB as a 24% Weak Sell. Options flow indicates institutional investor sentiment, with $2.13 million in cumulative net trade sentiment in the first three trading sessions of February. The Black-Scholes Expected Move calculator predicts ABNB may land between $112.85 and $129.77 by the Feb. 13 expiration date, suggesting a range for potential stock movement. Consideration of a bull call spread for potential upside based on current market trends.
Read more at Barchart: Airbnb’s (ABNB) Upcoming Earnings Present a ‘Binary’ Opportunity
