United Rentals Unusual Options Activity

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Whales with a lot of money to spend have taken a noticeably bearish stance on United Rentals.

Looking at options history for United Rentals URI we detected 13 trades.

If we consider the specifics of each trade, it is accurate to state that 23% of the investors opened trades with bullish expectations and 46% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $101,770 and 11, calls, for a total amount of $593,473.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $210.0 to $870.0 for United Rentals over the recent three months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for United Rentals options trades today is 71.27 with a total volume of 58.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for United Rentals's big money trades within a strike price range of $210.0 to $870.0 over the last 30 days.

United Rentals 30-Day Option Volume & Interest Snapshot

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
URI CALL TRADE NEUTRAL 01/17/25 $246.0 $239.0 $242.0 $560.00 $121.0K 294 5
URI CALL TRADE BEARISH 12/20/24 $188.7 $184.5 $184.5 $610.00 $92.2K 14 5
URI CALL TRADE BULLISH 03/21/25 $88.0 $82.0 $86.36 $750.00 $69.0K 14 0
URI PUT TRADE NEUTRAL 03/21/25 $100.3 $92.9 $96.1 $870.00 $67.2K 14 7
URI CALL TRADE BEARISH 01/17/25 $594.0 $590.0 $590.0 $210.00 $59.0K 1 1

About United Rentals

United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $22 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.

Present Market Standing of United Rentals

  • With a volume of 400,994, the price of URI is down -3.81% at $804.04.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 43 days.

What The Experts Say On United Rentals

2 market experts have recently issued ratings for this stock, with a consensus target price of $932.5.

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 Citigroup keeps a Buy rating on United Rentals with a target price of $985. * Maintaining their stance, an analyst from Argus Research continues to hold a Buy rating for United Rentals, targeting a price of $880.

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 Rentals options trades with real-time alerts from Benzinga Pro.

Overview Rating:
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Technicals Analysis
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Financials Analysis
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