Core Insights - Deep-pocketed investors are adopting a bearish approach towards Unity Software, indicating potential significant market movements ahead [1] - The options activity for Unity Software is unusually high, with 38% of investors leaning bullish and 52% bearish [2] Options Activity - A total of 21 extraordinary options activities were recorded for Unity Software, with puts totaling $347,803 and calls amounting to $769,572 [2] - The mean open interest for Unity Software options trades is 6,553.33, with a total volume of 19,055.00 [4] Predicted Price Range - Major market movers are focusing on a price band between $28.0 and $47.0 for Unity Software over the last three months [3] Current Market Position - Five market experts have issued ratings for Unity Software, with a consensus target price of $45.4 [11] - Analysts from Wedbush, Macquarie, and Needham maintain an Outperform or Buy rating with a target price of $50, while Barclays and Wells Fargo hold Equal-Weight ratings with target prices of $35 and $42 respectively [12] Company Overview - Unity Software Inc provides a platform for creating and operating interactive, real-time 3D content, serving various industries including gaming, retail, automotive, and architecture [9]
Decoding Unity Software's Options Activity: What's the Big Picture? - Unity Software (NYSE:U)