Unity Software Unusual Options Activity For January 08

Deep-pocketed investors have adopted a bullish approach towards Unity Software U, 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 U usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 14 extraordinary options activities for Unity Software. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 71% leaning bullish and 28% bearish. Among these notable options, 4 are puts, totaling $772,451, and 10 are calls, amounting to $465,970.

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Expected Price Movements

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $15.0 and $45.0 for Unity Software, spanning the last three months.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of Unity Software stands at 987.09, with a total volume reaching 6,577.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Unity Software, situated within the strike price corridor from $15.0 to $45.0, throughout the last 30 days.

Unity Software 30-Day Option Volume & Interest Snapshot

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
U PUT TRADE BULLISH 01/16/26 $30.00 $650.7K 3.9K 950
U CALL SWEEP BULLISH 06/21/24 $40.00 $172.9K 1.7K 303
U PUT SWEEP BULLISH 08/16/24 $37.00 $64.4K 14 105
U CALL TRADE BULLISH 01/16/26 $20.00 $41.2K 60 18
U CALL SWEEP BULLISH 01/12/24 $33.00 $38.3K 433 338

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.

Following our analysis of the options activities associated with Unity Software, we pivot to a closer look at the company's own performance.

Unity Software's Current Market Status

  • Currently trading with a volume of 7,730,366, the U's price is down by -0.98%, now at $37.41.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 44 days.

What The Experts Say On Unity Software

Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $36.0.

  • In a cautious move, an analyst from HSBC downgraded its rating to Hold, setting a price target of $37.
  • In a cautious move, an analyst from Piper Sandler downgraded its rating to Underweight, setting a price target of $35.

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.

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UUnity Software Inc
$25.151.45%

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86.02
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14.39
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Value
20.93
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