Option traders moderately bearish in Unity Software (U), with shares down 42c near $18.27. Options volume relatively light with 17k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.53. Implied volatility (IV30) is higher by 4.8 points near 86.53,in the top quartile of the past year, suggesting an expected daily move of $1.00. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Outperform at Oppenheimer.
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Read More on U:
- Unity Software: Buy Rating on Advertising Momentum, Strategic Ad Network Shift, and AI-Driven Growth to 2026
- Unity price target lowered to $30 from $45 at Deutsche Bank
- Option traders moderately bearish in Unity Software with shares down 7.64%
- Unity price target lowered to $35 from $50 at Needham
- Unity price target lowered to $30 from $37 at Wedbush