Check Out What Whales Are Doing With Unity Software

A whale with a lot of money to spend has taken a noticeably bullish stance on Unity Software.

Looking at options history for Unity Software U we detected 34 strange 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 44% with bearish.

From the overall spotted trades, 14 are puts, for a total amount of $801,536 and 20, calls, for a total amount of $1,205,508.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $35.0 to $300.0 for Unity Software over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Unity Software options trades today is 2177.29 with a total volume of 21,661.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Unity Software's big money trades within a strike price range of $35.0 to $300.0 over the last 30 days.

Unity Software Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
U PUT SWEEP BULLISH 06/21/24 $35.00 $300.1K 267 1.2K
U CALL SWEEP BULLISH 08/04/23 $40.50 $292.6K 8 1.5K
U CALL SWEEP BULLISH 08/04/23 $40.50 $132.5K 8 3.0K
U PUT SWEEP BULLISH 06/21/24 $35.00 $120.1K 267 515
U CALL SWEEP BULLISH 02/16/24 $42.00 $86.5K 11 102

Where Is Unity Software Standing Right Now?

  • With a volume of 11,416,850, the price of U is down -7.94% at $41.7.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 0 days.

What The Experts Say On Unity Software:

  • Piper Sandler has decided to maintain their Overweight rating on Unity Software, which currently sits at a price target of $48.
  • Barclays has decided to maintain their Equal-Weight rating on Unity Software, which currently sits at a price target of $40.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Unity Software, Benzinga Pro gives you real-time options trades alerts.

U Logo
UUnity Software Inc
$24.110.30%

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Momentum
85.45
Growth
14.15
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Value
21.47
Price Trend
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