Retail Traders Should Take Note of Unity Software’s Recent Options Activity

The options activity surrounding Unity Software (U) has caught the attention of high-rolling investors, indicating a bearish sentiment. While the identities of these investors remain unknown, such a significant move in U often suggests the presence of privileged information. Today, Benzinga’s options scanner has detected 16 options trades for Unity Software, deviating from the typical pattern.

These major traders are divided in their sentiment, with 43% taking a bullish stance and 56% adopting a bearish position. Among the options identified, there was one put trade valued at $53,614 and 15 calls amounting to $1,109,582.

By analyzing the volume and open interest of these contracts, it becomes clear that whales have been targeting a price range of $20.0 to $42.0 for Unity Software over the past three months. This analysis provides insightful due diligence for retail traders interested in this stock. Understanding the liquidity and interest for Unity Software’s options at various strike prices can assist traders in making more informed decisions.

For the past 30 days, the volume and open interest for both calls and puts within the $20.0 to $42.0 strike price range have been tracked. This data provides a historical perspective on Unity Software’s option activity, enabling traders to gauge the market sentiment and potential price movements.

Considering the recent options activity surrounding Unity Software, it is crucial to examine the company itself. Unity Software Inc. offers a software platform that allows the creation and operation of interactive, real-time 3D content across various devices. Its products cater to industries such as gaming, architecture, animation, and design.

Currently, Unity Software (U) is experiencing a trading volume of 4,741,147 shares and a 1.32% increase in price at $33.85. RSI indicators suggest that the stock is in a neutral state, neither overbought nor oversold. The next earnings release is expected in 17 days.

While options are riskier assets than stock trading, they also offer higher profit potential. Serious options traders manage this risk by staying informed, utilizing multiple indicators, and closely following market trends. To stay updated on the latest options trades for Unity Software, traders can rely on real-time alerts from Benzinga Pro.

FAQ Section:

1. What is the options activity surrounding Unity Software?
The options activity surrounding Unity Software has caught the attention of high-rolling investors and indicates a bearish sentiment. The identities of these investors remain unknown, but such a significant move in the stock suggests the presence of privileged information.

2. How do the major traders divide in their sentiment?
Among the major traders, 43% take a bullish stance while 56% adopt a bearish position.

3. What are the values of the put trade and calls identified?
There was one put trade valued at $53,614 and 15 calls amounting to $1,109,582.

4. What price range have whales been targeting for Unity Software?
Whales have been targeting a price range of $20.0 to $42.0 for Unity Software over the past three months, as indicated by the volume and open interest of options contracts.

5. How can retail traders benefit from analyzing options activity?
Analyzing the liquidity and interest for Unity Software’s options at various strike prices can provide insightful due diligence for retail traders and assist them in making more informed decisions.

6. What industries does Unity Software cater to?
Unity Software Inc. offers a software platform that allows the creation and operation of interactive, real-time 3D content across various devices. Its products cater to industries such as gaming, architecture, animation, and design.

7. What is the current trading volume and price of Unity Software?
Currently, Unity Software has a trading volume of 4,741,147 shares and a 1.32% increase in price at $33.85.

8. Is Unity Software’s stock considered overbought or oversold?
Based on RSI indicators, the stock is currently in a neutral state, neither overbought nor oversold.

9. When is the next earnings release for Unity Software?
The next earnings release for Unity Software is expected in 17 days.

Definitions:

Options: Financial derivatives that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specific time period.

Call: An options contract that gives the buyer the right, but not the obligation, to buy the underlying asset at a predetermined price within a specific time period.

Put: An options contract that gives the buyer the right, but not the obligation, to sell the underlying asset at a predetermined price within a specific time period.

Whales: In the context of investments, refers to large-scale investors or market participants who trade significant volumes of assets and can have a notable impact on market movements.

Liquidity: Refers to how easily an asset can be bought or sold in the market without causing significant price movements.

Suggested Related Links:

Unity Software Official Website
Benzinga Pro