Whales with a lot of money to spend have taken a noticeably bullish stance on Roblox.

Looking at options history for Roblox (NYSE:RBLX) we detected 18 trades.

If we consider the specifics of each trade, it is accurate to state that 55% of the investors opened trades with bullish expectations and 27% with bearish.

From the overall spotted trades, 9 are puts, for a total amount of $590,477 and 9, calls, for a total amount of $369,224.

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 $55.0 to $200.0 for Roblox during the past quarter.

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 Roblox's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Roblox's substantial trades, within a strike price spectrum from $55.0 to $200.0 over the preceding 30 days.

Roblox Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

About Roblox

Having examined the options trading patterns of Roblox, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Where Is Roblox Standing Right Now?

• With a volume of 8,079,532, the price of RBLX is up 0.07% at $63.12.
• RSI indicators hint that the underlying stock may be approaching oversold.
• Next earnings are expected to be released in 0 days.

Professional Analyst Ratings for Roblox

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $130.6.

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.