27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Investors with a lot of money to spend have taken a bullish stance on Unity Software (NYSE:U).
And retail traders should know.
We noticed this today when the trades 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 U, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 20 uncommon options trades for Unity Software.
This isn't normal.
The overall sentiment of these big-money traders is split between 75% bullish and 25%, bearish.
Out of all of the special options we uncovered, 13 are puts, for a total amount of $784,556, and 7 are calls, for a total amount of $425,714.
Predicted Price Range
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $20.0 to $50.0 for Unity Software during the past quarter.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Unity Software'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 Unity Software's whale trades within a strike price range from $20.0 to $50.0 in the last 30 days.
Unity Software 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U | PUT | SWEEP | BULLISH | 12/20/24 | $9.9 | $9.7 | $9.75 | $32.00 | $310.0K | 799 | 358 |
| U | CALL | SWEEP | BULLISH | 12/19/25 | $7.7 | $7.6 | $7.7 | $25.00 | $152.4K | 52 | 1 |
| U | CALL | TRADE | BEARISH | 01/16/26 | $2.95 | $2.62 | $2.75 | $50.00 | $82.5K | 564 | 34 |
| U | PUT | SWEEP | BULLISH | 12/20/24 | $5.05 | $5.0 | $5.0 | $25.00 | $75.0K | 1.3K | 151 |
| U | CALL | SWEEP | BULLISH | 12/20/24 | $2.81 | $2.71 | $2.81 | $32.00 | $61.2K | 1.1K | 331 |
About Unity Software
Unity Software Inc provides a software platform for creating and operating interactive, real-time 3D content. The platform can be used to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The business is spread across the United States, Greater China, EMEA, APAC, and Other Americas, of which key revenue is derived from the EMEA region. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.
After a thorough review of the options trading surrounding Unity Software, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of Unity Software
- With a trading volume of 6,445,468, the price of U is down by -2.21%, reaching $23.89.
- Current RSI values indicate that the stock is may be approaching oversold.
- Next earnings report is scheduled for 23 days from now.
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 Unity Software options trades with real-time alerts from Benzinga Pro.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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