Financial giants have made a conspicuous bullish move on Roblox. Our analysis of options history for Roblox RBLX revealed 11 unusual trades.
Delving into the details, we found 72% of traders were bullish, while 18% showed bearish tendencies. Out of all the trades we spotted, 7 were puts, with a value of $297,280, and 4 were calls, valued at $146,424.
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 $32.5 and $50.0 for Roblox, spanning the last three months.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Roblox's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Roblox's significant trades, within a strike price range of $32.5 to $50.0, over the past month.
Roblox Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RBLX | PUT | SWEEP | BULLISH | 06/20/25 | $13.0 | $12.85 | $12.9 | $50.00 | $65.7K | 122 | 51 |
| RBLX | PUT | SWEEP | BULLISH | 09/20/24 | $1.36 | $1.35 | $1.35 | $35.00 | $51.8K | 4.2K | 654 |
| RBLX | PUT | SWEEP | BULLISH | 09/20/24 | $0.77 | $0.76 | $0.76 | $32.50 | $45.6K | 3.6K | 607 |
| RBLX | PUT | TRADE | BULLISH | 03/21/25 | $7.3 | $7.15 | $7.2 | $42.50 | $45.3K | 43 | 63 |
| RBLX | CALL | SWEEP | BULLISH | 09/20/24 | $0.88 | $0.87 | $0.88 | $50.00 | $44.0K | 5.0K | 1.5K |
About Roblox
Roblox operates an online video game platform that lets young gamers create, develop, and monetize games (or "experiences") for other players. The firm effectively offers its developers a hybrid of a game engine, publishing platform, online hosting and services, marketplace with payment processing, and social network. The platform is a closed garden that Roblox controls, earning revenue in multiple places while benefiting from outsourced game development. Unlike traditional video game publishers, Roblox is more focused on the creation of new tools and monetization techniques for its developers then creating new games or franchises.
After a thorough review of the options trading surrounding Roblox, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Roblox
- Trading volume stands at 1,487,411, with RBLX's price down by -0.72%, positioned at $40.25.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 6 days.
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 Roblox, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date of Trade | ticker | Put/Call | Strike Price | DTE | Sentiment |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
