Investors with a lot of money to spend have taken a bullish stance on UiPath PATH.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with PATH, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 8 options trades for UiPath.
This isn't normal.
The overall sentiment of these big-money traders is split between 62% bullish and 37%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $50,020, and 7, calls, for a total amount of $780,453.
Predicted Price Range
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $19.0 for UiPath over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for UiPath's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of UiPath's whale activity within a strike price range from $10.0 to $19.0 in the last 30 days.
UiPath Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PATH | CALL | SWEEP | BULLISH | 06/20/25 | $4.7 | $4.3 | $4.7 | $10.00 | $390.1K | 1.1K | 740 |
| PATH | CALL | SWEEP | BULLISH | 06/20/25 | $4.9 | $4.25 | $4.7 | $10.00 | $152.2K | 1.1K | 0 |
| PATH | CALL | SWEEP | BULLISH | 06/20/25 | $4.7 | $4.7 | $4.7 | $10.00 | $57.8K | 1.1K | 0 |
| PATH | CALL | SWEEP | BEARISH | 06/20/25 | $4.75 | $4.7 | $4.7 | $10.00 | $56.4K | 1.1K | 740 |
| PATH | CALL | SWEEP | BEARISH | 06/20/25 | $5.0 | $4.25 | $4.7 | $10.00 | $56.4K | 1.1K | 0 |
About UiPath
UiPath offers an end-to-end cross-application enterprise automation platform. The platform leverages a range of automation technologies including robotic process automation, application programming interface, and artificial intelligence. UiPath's solution can automate a broad range of repetitive tasks across industries including claims processing, employee onboarding, invoice to cash, loan applications, and customer service.
Having examined the options trading patterns of UiPath, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
UiPath's Current Market Status
- With a volume of 4,039,168, the price of PATH is down -0.23% at $12.93.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 61 days.
Professional Analyst Ratings for UiPath
A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $14.0.
- Consistent in their evaluation, an analyst from Wells Fargo keeps a Equal-Weight rating on UiPath with 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 UiPath, 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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