Investors with significant funds have taken a bearish position in United States Steel X, a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in X usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 12 options transactions for United States Steel. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 25% being bullish and 50% bearish. Of all the options we discovered, 11 are puts, valued at $424,759, and there was a single call, worth $47,500.
What's The Price Target?
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $23.0 and $40.0 for United States Steel, spanning the last three months.
Analyzing Volume & Open Interest
In terms of liquidity and interest, the mean open interest for United States Steel options trades today is 20168.4 with a total volume of 14,546.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for United States Steel's big money trades within a strike price range of $23.0 to $40.0 over the last 30 days.
United States Steel 30-Day Option Volume & Interest Snapshot
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| X | PUT | TRADE | BULLISH | 01/16/26 | $10.75 | $10.4 | $10.4 | $40.00 | $72.8K | 26.5K | 0 |
| X | PUT | SWEEP | BEARISH | 02/07/25 | $1.09 | $0.95 | $1.09 | $30.00 | $53.1K | 160 | 114 |
| X | PUT | TRADE | BEARISH | 02/21/25 | $1.54 | $1.39 | $1.54 | $30.00 | $48.2K | 3.9K | 715 |
| X | CALL | SWEEP | BEARISH | 01/10/25 | $11.2 | $9.5 | $9.5 | $23.00 | $47.5K | 110 | 100 |
| X | PUT | TRADE | NEUTRAL | 02/21/25 | $1.6 | $1.31 | $1.48 | $30.00 | $44.4K | 3.9K | 6.4K |
About United States Steel
United States Steel Corp operates primarily in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It primarily serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
After a thorough review of the options trading surrounding United States Steel, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of United States Steel
- With a volume of 4,222,969, the price of X is down -1.44% at $32.82.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 22 days.
What The Experts Say On United States Steel
In the last month, 2 experts released ratings on this stock with an average target price of $40.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Consistent in their evaluation, an analyst from Jefferies keeps a Buy rating on United States Steel with a target price of $40. * An analyst from BMO Capital has decided to maintain their Outperform rating on United States Steel, which currently sits at a price target of $40.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest United States Steel options trades with real-time alerts from Benzinga Pro.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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