High-rolling investors have positioned themselves bullish on UBS Gr UBS, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in UBS often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 8 options trades for UBS Gr. This is not a typical pattern.
The sentiment among these major traders is split, with 75% bullish and 25% bearish. Among all the options we identified, there was one put, amounting to $32,332, and 7 calls, totaling $380,957.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $30.0 for UBS Gr over the recent three months.
Volume & Open Interest Trends
In today's trading context, the average open interest for options of UBS Gr stands at 1887.43, with a total volume reaching 622.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in UBS Gr, situated within the strike price corridor from $20.0 to $30.0, throughout the last 30 days.
UBS Gr Call and Put Volume: 30-Day Overview
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|
| UBS | CALL | SWEEP | BULLISH | 02/16/24 | $30.00 | $99.9K | 993 | 302 |
| UBS | CALL | TRADE | BULLISH | 01/19/24 | $20.00 | $80.9K | 1.3K | 21 |
| UBS | CALL | TRADE | BULLISH | 01/19/24 | $22.50 | $78.0K | 1.2K | 129 |
| UBS | CALL | TRADE | BEARISH | 05/17/24 | $22.50 | $38.3K | 330 | 0 |
| UBS | PUT | SWEEP | BULLISH | 02/16/24 | $30.00 | $32.3K | 8 | 19 |
About UBS Gr
The core of UBS is its global wealth management business focusing on high and ultra-high-net-worth individuals. UBS is also a conventional retail and commercial bank in its Swiss home market. Its investment bank and asset management businesses support its wealth management operations, but also leverage its strength in wealth management to serve third-party clients.
Following our analysis of the options activities associated with UBS Gr, we pivot to a closer look at the company's own performance.
Where Is UBS Gr Standing Right Now?
- Trading volume stands at 3,431,836, with UBS's price up by 2.83%, positioned at $29.78.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 47 days.
What Analysts Are Saying About UBS Gr
In the last month, 1 experts released ratings on this stock with an average target price of $32.18.
- Reflecting concerns, an analyst from B of A Securities lowers its rating to Neutral with a new price target of $32.
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 UBS Gr with Benzinga Pro for real-time alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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