Deep-pocketed investors have adopted a bullish approach towards United States Steel X, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in X usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 24 extraordinary options activities for United States Steel. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 54% leaning bullish and 33% bearish. Among these notable options, 5 are puts, totaling $370,611, and 19 are calls, amounting to $5,445,557.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $30.0 to $45.0 for United States Steel during the past quarter.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of United States Steel stands at 13735.0, with a total volume reaching 72,074.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in United States Steel, situated within the strike price corridor from $30.0 to $45.0, throughout the last 30 days.
United States Steel Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| X | CALL | TRADE | BEARISH | 03/28/25 | $1.98 | $1.68 | $1.8 | $40.00 | $2.9M | 47.2K | 18.2K |
| X | CALL | TRADE | BEARISH | 03/28/25 | $1.95 | $1.52 | $1.52 | $41.00 | $1.5M | 17.9K | 15.6K |
| X | PUT | SWEEP | BEARISH | 03/28/25 | $1.95 | $1.73 | $1.95 | $40.00 | $138.2K | 62 | 856 |
| X | CALL | SWEEP | BULLISH | 03/28/25 | $1.61 | $1.42 | $1.61 | $41.00 | $104.6K | 17.9K | 1.2K |
| X | PUT | TRADE | NEUTRAL | 04/17/25 | $1.08 | $0.91 | $1.0 | $35.00 | $100.0K | 1.3K | 1.0K |
About United States Steel
United States Steel Corp operates in the United States but also has a steelmaking capacity in Slovakia. The company's operating segments include North American Flat-Rolled (Flat-Rolled), Mini Mill, U. S. Steel Europe (USSE), and Tubular Products (Tubular). The Flat-Rolled segment includes U. S. Steel's integrated steel plants and equity investees in North America involved in the production of slabs, strip mill plates, sheets, and tin mill products, as well as all iron ore and coke production facilities in the United States. It serves North American customers in the service center, conversion, transportation, construction, container, and appliance, and electrical markets.
After a thorough review of the options trading surrounding United States Steel, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of United States Steel
- With a volume of 2,044,961, the price of X is up 2.77% at $40.08.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 45 days.
What Analysts Are Saying About United States Steel
2 market experts have recently issued ratings for this stock, with a consensus target price of $43.0.
Turn $1000 into $1270 in just 20 days?
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. * Consistent in their evaluation, an analyst from Morgan Stanley keeps a Equal-Weight rating on United States Steel with a target price of $43. * An analyst from JP Morgan has decided to maintain their Overweight rating on United States Steel, which currently sits at a price target of $43.
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 United States Steel with Benzinga Pro for real-time alerts.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
