Bullish option flow detected in Unity (U) Software with 34,063 calls trading, 2x expected, and implied vol increasing over 1 point to 61.64%. 12/6 weekly 28.5 calls and Jan-26 42 calls are the most active options, with total volume in those strikes near 15,800 contracts. The Put/Call Ratio is 0.10. Earnings are expected on February 24th.
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Read More on U:
- Unity Software call volume above normal and directionally bullish
- Unusually active option classes on open November 20th
- Unity participates in a conference call with Maxim Group
- Unity price target raised to $16 from $15 at Macquarie
- Unity price target raised to $28 from $25 at Stifel
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.