Roblox Unusual Options Activity - Roblox (NYSE:RBLX)

Core Insights - Financial giants are showing a bearish sentiment towards Roblox, with 65% of traders exhibiting bearish tendencies and only 26% being bullish [1] - The significant investors are targeting a price range for Roblox between $20.0 and $220.0 over the past three months [2] - The average open interest for Roblox options trades is 1189.44, with a total volume of 35,382.00 [3] Options Trading Analysis - A total of 90 unusual trades were identified, with 40 puts valued at $3,432,433 and 50 calls valued at $3,958,872 [1] - The largest options trades include a bearish put sweep with a total trade price of $250.5K and a bullish call sweep valued at $349.7K [8] Company Overview - Roblox operates a free-to-play online video game platform with approximately 110 million daily active users, creating a virtual universe and economy based on Robux currency [9] - The platform allows creators to earn money through in-game purchases and real-world advertising, with Roblox taking a cut of these earnings [10] Market Status and Analyst Opinions - Analysts have set an average price target of $157.0 for Roblox, with varying ratings from different firms [11] - Raymond James has lowered its rating to Outperform with a new price target of $165, while Wells Fargo maintains an Overweight rating with a target of $155 [12]