Smart Money Is Betting Big In DUOL Options

Financial giants have made a conspicuous bearish move on Duolingo. Our analysis of options history for Duolingo (NASDAQ:DUOL) revealed 8 unusual trades.

Delving into the details, we found 25% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $108,187, and 6 were calls, valued at $405,960.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $250.0 to $390.0 for Duolingo during the past quarter.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Duolingo's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Duolingo's significant trades, within a strike price range of $250.0 to $390.0, over the past month.

Duolingo Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
DUOL CALL SWEEP BEARISH 05/16/25 $112.8 $111.3 $111.7 $250.00 $122.8K 7 11
DUOL CALL SWEEP NEUTRAL 05/16/25 $71.9 $68.9 $70.5 $300.00 $91.6K 26 13
DUOL PUT SWEEP BULLISH 02/21/25 $18.0 $17.4 $18.0 $350.00 $82.6K 13 49
DUOL CALL SWEEP BULLISH 02/21/25 $9.5 $9.0 $9.0 $390.00 $73.7K 32 89
DUOL CALL TRADE BEARISH 01/16/26 $93.5 $92.4 $92.4 $330.00 $46.2K 9 6

About Duolingo

Duolingo Inc is a technology company that develops mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include The Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has three predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test.

Having examined the options trading patterns of Duolingo, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Duolingo With a volume of 645,532, the price of DUOL is up 7.98% at $345.5. RSI indicators hint that the underlying stock may be approaching overbought. Next earnings are expected to be released in 41 days. Expert Opinions on Duolingo

Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $385.0.

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. * An analyst from Needham has decided to maintain their Buy rating on Duolingo, which currently sits at a price target of $385.

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 Duolingo with Benzinga Pro for real-time alerts.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.