Whales with a lot of money to spend have taken a noticeably bullish stance on Roblox.
Looking at options history for Roblox RBLX we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 50% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $111,545 and 5, calls, for a total amount of $300,436.
Predicted Price Range
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $34.0 and $47.5 for Roblox, spanning the last three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Roblox's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Roblox's whale activity within a strike price range from $34.0 to $47.5 in the last 30 days.
Roblox 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| RBLX | CALL | SWEEP | BEARISH | 01/16/26 | $35.00 | $123.0K | 130 | 101 |
| RBLX | CALL | SWEEP | BULLISH | 01/17/25 | $47.50 | $94.8K | 2.2K | 43 |
| RBLX | PUT | SWEEP | BULLISH | 09/20/24 | $37.50 | $54.9K | 1.5K | 123 |
| RBLX | CALL | SWEEP | BULLISH | 06/21/24 | $35.00 | $30.0K | 5.5K | 78 |
| RBLX | PUT | TRADE | BEARISH | 04/05/24 | $36.00 | $29.0K | 196 | 202 |
About Roblox
Roblox operates an online video game platform that lets young gamers create, develop, and monetize games (or "experiences") for other players. The firm effectively offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning revenue in multiple places while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers then creating new games or franchises.
In light of the recent options history for Roblox, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Roblox's Current Market Status
- Trading volume stands at 4,151,665, with RBLX's price up by 0.25%, positioned at $36.29.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 50 days.
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 Roblox with Benzinga Pro for real-time alerts.
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