UiPath Unusual Options Activity For May 31
Portfolio Pulse from Benzinga Insights
Investors have shown unusual options activity for UiPath (NYSE:PATH), with a significant amount of bullish sentiment. Benzinga's options scanner identified 13 uncommon options trades, with 69% being bullish. The major market movers are focusing on a price band between $11.0 and $20.0 for UiPath. The stock is currently priced at $12.09, up 0.12%, and RSI indicators suggest it may be oversold.
May 31, 2024 | 3:15 pm
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UiPath has seen unusual options activity with a majority of trades being bullish. This suggests that investors are expecting positive movement in the stock price. The current price is $12.09, and RSI indicators suggest the stock may be oversold.
The unusual options activity, with a significant portion being bullish, indicates that investors are expecting positive movement in UiPath's stock price. The current price and RSI indicators further support the potential for an upward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100