Decoding UiPath's Options Activity: What's the Big Picture?

Whales with a lot of money to spend have taken a noticeably bearish stance on UiPath.

Looking at options history for UiPath PATH we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $291,600 and 6, calls, for a total amount of $413,091.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $20.0 to $25.0 for UiPath over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for UiPath options trades today is 2014.0 with a total volume of 6,617.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for UiPath's big money trades within a strike price range of $20.0 to $25.0 over the last 30 days.

UiPath Call and Put Volume: 30-Day Overview

Biggest Options Spotted:

About UiPath

UiPath Inc creates an end-to-end platform that provides automation with user emulation at its core. Its platform is built to be used by employees throughout a company and to address a wide variety of use cases, from simple tasks to long-running, complex business processes. It generates revenue from the sale of licenses for its proprietary software, maintenance and support, and professional services. It generates a majority of its revenues from the US, followed by Romania.

In light of the recent options history for UiPath, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Where Is UiPath Standing Right Now?

• With a trading volume of 4,020,362, the price of PATH is up by 0.52%, reaching $23.1.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 41 days from now.

Expert Opinions on UiPath

In the last month, 1 experts released ratings on this stock with an average target price of $23.0.

• An analyst from Barclays persists with their Equal-Weight rating on UiPath, maintaining a target price of $23.

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