Unpacking the Latest Options Trading Trends in Unity Software
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among big-money investors towards Unity Software (NYSE:U). Benzinga's options scanner identified 19 unusual options trades, with 57% being bearish. The trades suggest a price window of $15.0 to $30.0 for Unity Software in the near term.
May 29, 2024 | 6:15 pm
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Recent options trading trends indicate a bearish sentiment among big-money investors towards Unity Software. Benzinga's options scanner identified 19 unusual options trades, with 57% being bearish. The trades suggest a price window of $15.0 to $30.0 for Unity Software in the near term.
The significant volume of bearish options trades (57%) compared to bullish trades (42%) suggests that investors expect Unity Software's stock price to decline in the short term. The identified price window of $15.0 to $30.0 further supports this bearish outlook.
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