Looking At Unity Software's Recent Unusual Options Activity

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Deep-pocketed investors have adopted a bullish approach towards Unity Software U, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in U usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 15 extraordinary options activities for Unity Software. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 53% leaning bullish and 46% bearish. Among these notable options, 8 are puts, totaling $470,209, and 7 are calls, amounting to $277,868.

What's The Price Target?

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $12.0 to $30.0 for Unity Software over the recent three months.

Volume & Open Interest Development

In today's trading context, the average open interest for options of Unity Software stands at 3306.82, with a total volume reaching 4,972.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Unity Software, situated within the strike price corridor from $12.0 to $30.0, throughout the last 30 days.

Unity Software Call and Put Volume: 30-Day Overview

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
U PUT TRADE BULLISH 02/21/25 $6.0 $5.9 $5.92 $30.00 $118.4K 605 551
U CALL SWEEP BEARISH 02/21/25 $5.5 $5.4 $5.4 $21.00 $81.0K 2.9K 151
U PUT SWEEP BULLISH 02/21/25 $2.73 $2.68 $2.68 $25.00 $79.0K 1.5K 624
U PUT SWEEP BEARISH 02/21/25 $6.3 $6.2 $6.3 $30.00 $62.3K 605 100
U PUT SWEEP BEARISH 01/17/25 $1.49 $1.3 $1.3 $25.00 $52.9K 9.3K 1.7K

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.

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

Unity Software's Current Market Status

  • Trading volume stands at 5,975,384, with U's price up by 1.91%, positioned at $24.55.
  • RSI indicators show the stock to be is currently neutral between overbought and oversold.
  • Earnings announcement expected in 49 days.

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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 Unity Software with Benzinga Pro for real-time alerts.

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