United Rentals Unusual Options Activity For December 30

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 9 trades.

If we consider the specifics of each trade, it is accurate to state that 11% of the investors opened trades with bullish expectations and 66% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $68,320 and 7, calls, for a total amount of $1,659,858.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $220.0 to $860.0 for United Rentals over the recent three months.

Volume & Open Interest Development

Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in United Rentals's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to United Rentals's substantial trades, within a strike price spectrum from $220.0 to $860.0 over the preceding 30 days.

United Rentals 30-Day Option Volume & Interest Snapshot

Options Call Chart

Significant Options Trades Detected:

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 $154.4 $148.1 $151.0 $560.00 $1.3M 290 100
URI CALL SWEEP BEARISH 01/17/25 $152.4 $151.0 $151.0 $560.00 $90.5K 290 6
URI CALL SWEEP BEARISH 01/17/25 $154.4 $151.0 $151.0 $560.00 $75.5K 290 11
URI CALL TRADE BEARISH 01/17/25 $481.4 $477.5 $477.5 $220.00 $47.7K 3 0
URI CALL SWEEP BEARISH 03/21/25 $49.8 $45.0 $45.0 $710.00 $45.0K 28 10

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.

United Rentals's Current Market Status

  • With a trading volume of 159,056, the price of URI is down by -0.77%, reaching $711.0.
  • Current RSI values indicate that the stock is may be oversold.
  • Next earnings report is scheduled for 23 days from now.

Expert Opinions on United Rentals

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $975.0.

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20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Citigroup persists with their Buy rating on United Rentals, maintaining a target price of $985. * Maintaining their stance, an analyst from Truist Securities continues to hold a Buy rating for United Rentals, targeting a price of $965.

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.

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