Someone with a lot of money to spend has taken a bullish stance on Unit software you.
And retailers should know that.
We noticed this today when the big position appeared on the history of publicly available options we track here at Benzinga.
Whether it is an institution or just a wealthy individual, we don’t know. But when something that big happens with U, it often means someone knows something is going to happen.
So how do we know what this whale just did?
Today, Benzinga‘s options scanner spotted 15 unusual options trades for Unity Software.
It is not normal.
The general sentiment of these big traders is split between 73% bullish and 26% bearish.
Of all the special options we discovered, 11 are put options, totaling $992,785, and 4 are call options, totaling $418,543.
What is the target price?
Given the volume and open interest on these contracts, it appears whales have been targeting a price range of $27.5 to $175.0 for Unity Software over the past 3 months.
Development of volume and open interest
Reviewing volume and open interest is an insightful way to perform due diligence on a security.
This data can help you track the liquidity and interest of Unity Software options for a given strike price.
Below, we can observe the evolution of volume and open interest in calls and puts, respectively, for the entire whale business of Unity Software within a strike price range of $27.5 to $175.0 in the last 30 days.
Unity Software Options Volume and Open Interest in the Last 30 Days
The biggest options spotted:
| Symbol | PUT/CALL | Kind of trade | Feeling | Exp. Date | Strike price | Total trade price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| you | PUT | TRADE | BULLISH | 02/17/23 | $30.00 | $395,500 | 127 | 288 |
| you | CALL | TRADE | BULLISH | 10/21/22 | $50.00 | $195,000 | 35 | 1.0K |
| you | CALL | SWEEP | NEUTRAL | 08/19/22 | $27.50 | $113,100 | 0 | 121 |
| you | PUT | TRADE | BEARISH | 01/19/24 | $125.00 | $107,100 | 96 | 12 |
| you | PUT | TRADE | BEARISH | 01/19/24 | $125.00 | $72,000 | 96 | 51 |
| Symbol | PUT/CALL | Kind of trade | Feeling | Exp. Date | Strike price | Total trade price | open interest | Volume |
|---|---|---|---|---|---|---|---|---|
| you | PUT | TRADE | BULLISH | 02/17/23 | $30.00 | $395,500 | 127 | 288 |
| you | CALL | TRADE | BULLISH | 10/21/22 | $50.00 | $195,000 | 35 | 1.0K |
| you | CALL | SWEEP | NEUTRAL | 08/19/22 | $27.50 | $113,100 | 0 | 121 |
| you | PUT | TRADE | BEARISH | 01/19/24 | $125.00 | $107,100 | 96 | 12 |
| you | PUT | TRADE | BEARISH | 01/19/24 | $125.00 | $72,000 | 96 | 51 |
Where is Unity software right now?
- With a volume of 6,312,259, the price of the U is down -2.56% to $35.53.
- RSI indicators suggest that the underlying stock is currently neutral between overbought and oversold.
- The next results should be published in 15 days.
Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.
If you would like to stay informed about the latest options trades for Unity Software, BenzingaPro gives you real-time alerts on options trades.