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 positions 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.
Today, Benzinga's options scanner spotted 9 options trades for Unity Software.
This isn't normal.
The overall sentiment of these big-money traders is split between 55% bullish and 33%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $29,478, and 8, calls, for a total amount of $476,080.
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 $20.0 and $42.0 for Unity Software, spanning the last three months.
Volume & Open Interest Trends
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Unity Software's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Unity Software's substantial trades, within a strike price spectrum from $20.0 to $42.0 over the preceding 30 days.
Unity Software Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| U | CALL | TRADE | NEUTRAL | 12/19/25 | $5.5 | $5.3 | $5.4 | $35.00 | $162.0K | 214 | 300 |
| U | CALL | SWEEP | BULLISH | 11/15/24 | $6.3 | $6.2 | $6.3 | $22.00 | $84.4K | 104 | 77 |
| U | CALL | SWEEP | BULLISH | 11/15/24 | $6.35 | $6.3 | $6.35 | $22.00 | $48.9K | 104 | 77 |
| U | CALL | SWEEP | BEARISH | 06/21/24 | $2.25 | $2.23 | $2.23 | $26.00 | $44.6K | 908 | 263 |
| U | CALL | SWEEP | BULLISH | 01/16/26 | $8.7 | $8.55 | $8.69 | $25.00 | $43.4K | 1.2K | 65 |
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 trading volume of 6,231,977, the price of U is up by 3.52%, reaching $24.98.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 10 days from now.
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.