UiPath Options Trading: A Deep Dive into Market Sentiment

Deep-pocketed investors have adopted a bullish approach towards UiPath (NYSE:PATH), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in PATH usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for UiPath. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 45% leaning bullish and 9% bearish. Among these notable options, 6 are puts, totaling $459,280, and 5 are calls, amounting to $192,063.

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $10.0 to $35.0 for UiPath during the past quarter.

Insights into Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for UiPath's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of UiPath's whale trades within a strike price range from $10.0 to $35.0 in the last 30 days.

UiPath Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
PATH PUT TRADE BULLISH 11/15/24 $24.1 $23.1 $23.15 $35.00 $229.1K 0 0
PATH PUT TRADE NEUTRAL 01/17/25 $15.3 $15.2 $15.25 $27.00 $80.8K 586 89
PATH CALL TRADE BULLISH 12/19/25 $1.03 $0.66 $1.03 $30.00 $58.1K 1.3K 565
PATH CALL SWEEP NEUTRAL 11/15/24 $3.2 $2.9 $2.92 $10.00 $46.6K 881 160
PATH PUT TRADE NEUTRAL 01/17/25 $13.25 $13.15 $13.2 $25.00 $40.9K 260 124

About UiPath

UiPath Inc creates an end-to-end platform that provides automation with user emulation at its core. Its platform is built to be used by employees throughout a company and to address a wide variety of use cases, from simple tasks to long-running, complex business processes. It generates revenue from the sale of licenses for its proprietary software, maintenance and support, the right to access certain software products it hosts (i.e., SaaS) and professional services. It generates a majority of its revenues from the Americas followed by Europe, Middle East, and Africa and Asia-Pacific.

Having examined the options trading patterns of UiPath, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of UiPath With a trading volume of 12,110,556, the price of PATH is down by -1.34%, reaching $11.76. Current RSI values indicate that the stock is may be oversold. Next earnings report is scheduled for 92 days from now.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest UiPath options trades with real-time alerts from Benzinga Pro.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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