Unity Software's Options: A Look at What the Big Money is Thinking - Unity Software (NYSE:U)

Core Insights - Investors are showing a bullish sentiment towards Unity Software, with significant options trading activity indicating potential upcoming developments [1][2] Options Trading Activity - A total of 12 options trades were identified, with 66% of the sentiment being bullish and only 25% bearish [3] - The total volume of options trades included 11 call options amounting to $3,292,757 and 1 put option totaling $65,787 [3] - The price target for Unity Software, based on recent options activity, is projected to be between $35.0 and $50.0 [4] Volume and Open Interest - The average open interest for Unity Software options is 5,340, with total trading volume reaching 17,598 [5] - A chart detailing the trends in call and put option volume and open interest over the last 30 days indicates a focus on the strike price range of $35.0 to $50.0 [5] Analyst Opinions - Five industry analysts have set an average target price of $48.8 for Unity Software [12] - Analysts from Needham, Citigroup, and Wedbush maintain buy ratings with target prices of $50, while Wells Fargo has an equal-weight rating with a target of $42 [13] - Macquarie has upgraded its rating to outperform with a revised target price of $50 [13] Current Market Status - Unity Software's stock price is currently at $39.0, reflecting a 5.41% increase with a trading volume of 4,883,848 [15] - The next earnings report is scheduled for 92 days from now [15]