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 10 trades.
If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 40% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $563,813 and 2, calls, for a total amount of $87,794.
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 $37.5 to $60.0 for Roblox during the past quarter.
Insights into Volume & Open Interest
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Roblox's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Roblox's significant trades, within a strike price range of $37.5 to $60.0, over the past month.
Roblox 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RBLX | PUT | SWEEP | BULLISH | 01/17/25 | $10.7 | $10.6 | $10.6 | $45.00 | $220.4K | 1.6K | 0 |
| RBLX | PUT | SWEEP | BULLISH | 01/17/25 | $6.0 | $5.95 | $5.95 | $37.50 | $133.8K | 1.0K | 258 |
| RBLX | CALL | SWEEP | BULLISH | 06/20/25 | $6.8 | $6.7 | $6.8 | $47.50 | $47.6K | 17 | 0 |
| RBLX | PUT | SWEEP | BEARISH | 05/17/24 | $16.55 | $16.4 | $16.55 | $55.00 | $46.3K | 26 | 0 |
| RBLX | PUT | SWEEP | BULLISH | 10/18/24 | $6.4 | $6.3 | $6.3 | $40.00 | $45.3K | 122 | 73 |
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.
Having examined the options trading patterns of Roblox, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Roblox
- Trading volume stands at 1,779,944, with RBLX's price up by 0.66%, positioned at $38.07.
- RSI indicators show the stock to be is currently neutral between overbought and oversold.
- Earnings announcement expected in 30 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
