Whales with a lot of money to spend have taken a noticeably bearish stance on Unity Software.
Looking at options history for Unity Software U we detected 16 trades.
If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 62% with bearish.
From the overall spotted trades, 8 are puts, for a total amount of $427,675 and 8, calls, for a total amount of $414,199.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $13.0 to $25.0 for Unity Software over the recent three months.
Analyzing Volume & Open Interest
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Unity Software's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Unity Software's substantial trades, within a strike price spectrum from $13.0 to $25.0 over the preceding 30 days.
Unity Software Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U | CALL | TRADE | BULLISH | 12/19/25 | $6.15 | $6.05 | $6.15 | $15.00 | $169.1K | 81 | 3 |
| U | PUT | SWEEP | BEARISH | 12/19/25 | $5.4 | $4.3 | $5.35 | $18.00 | $100.0K | 299 | 0 |
| U | PUT | TRADE | BULLISH | 11/15/24 | $2.43 | $2.38 | $2.38 | $16.00 | $59.5K | 2.6K | 297 |
| U | PUT | SWEEP | BEARISH | 01/17/25 | $5.9 | $5.8 | $5.9 | $21.00 | $54.8K | 7.1K | 0 |
| U | PUT | SWEEP | BULLISH | 01/17/25 | $2.22 | $2.21 | $2.22 | $15.00 | $52.6K | 2.7K | 5 |
About Unity Software
Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC, and Other Americas, of which key revenue is derived from the EMEA region. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.
In light of the recent options history for Unity Software, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Present Market Standing of Unity Software
- Trading volume stands at 8,809,783, with U's price down by -1.69%, positioned at $16.26.
- RSI indicators show the stock to be may be approaching oversold.
- Earnings announcement expected in 33 days.
Expert Opinions on Unity Software
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $19.5.
- An analyst from Stifel has decided to maintain their Buy rating on Unity Software, which currently sits at a price target of $25.
- An analyst from Macquarie persists with their Underperform rating on Unity Software, maintaining a target price of $14.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Unity Software, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
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