Investors with a lot of money to spend have taken a bullish stance on Unity Software (NYSE:U).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with U, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 19 uncommon options trades for Unity Software.
This isn't normal.
The overall sentiment of these big-money traders is split between 52% bullish and 36%, bearish.
Out of all of the special options we uncovered, 7 are puts, for a total amount of $402,040, and 12 are calls, for a total amount of $691,235.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $20.0 to $42.0 for Unity Software during the past quarter.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for Unity Software options trades today is 2093.5 with a total volume of 4,541.00.
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 $20.0 to $42.0 over the last 30 days.
Unity Software 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U | CALL | TRADE | BULLISH | 02/21/25 | $3.55 | $3.4 | $3.5 | $25.00 | $105.0K | 7.8K | 318 |
| U | PUT | SWEEP | BULLISH | 05/16/25 | $11.8 | $11.75 | $11.75 | $35.00 | $102.2K | 3 | 88 |
| U | CALL | SWEEP | BULLISH | 01/17/25 | $2.29 | $2.12 | $2.3 | $26.00 | $99.8K | 6.8K | 876 |
| U | PUT | SWEEP | BULLISH | 02/21/25 | $3.65 | $3.55 | $3.55 | $26.00 | $94.4K | 327 | 0 |
| U | CALL | SWEEP | NEUTRAL | 12/20/24 | $1.39 | $1.39 | $1.39 | $26.00 | $78.2K | 3.5K | 0 |
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.
After a thorough review of the options trading surrounding Unity Software, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Unity Software Standing Right Now? With a volume of 6,795,540, the price of U is down -5.28% at $24.74. RSI indicators hint that the underlying stock may be overbought. Next earnings are expected to be released in 73 days.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
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.
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