Whales with a lot of money to spend have taken a noticeably bullish stance on UiPath.
Looking at options history for UiPath (NYSE:PATH) we detected 8 trades.
If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 25% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $181,759 and 6, calls, for a total amount of $191,900.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $12.5 and $30.0 for UiPath, spanning the last three months.
Volume & Open Interest Development
In terms of liquidity and interest, the mean open interest for UiPath options trades today is 1167.0 with a total volume of 787.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for UiPath’s big money trades within a strike price range of $12.5 to $30.0 over the last 30 days.
UiPath Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PATH | PUT | SWEEP | BULLISH | 11/15/24 | $8.95 | $8.85 | $8.85 | $29.00 | $101.8K | 245 | 116 |
| PATH | PUT | SWEEP | BULLISH | 11/15/24 | $9.85 | $9.75 | $9.75 | $30.00 | $79.9K | 10 | 83 |
| PATH | CALL | SWEEP | BULLISH | 05/17/24 | $3.55 | $3.45 | $3.5 | $17.00 | $51.1K | 477 | 147 |
| PATH | CALL | SWEEP | BULLISH | 08/16/24 | $3.15 | $3.05 | $3.15 | $19.00 | $31.5K | 2.1K | 112 |
| PATH | CALL | TRADE | BEARISH | 01/16/26 | $3.6 | $3.05 | $3.05 | $30.00 | $30.5K | 1.5K | 1 |
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.
Where Is UiPath Standing Right Now?
With a volume of 4,229,238, the price of PATH is up 2.4% at $20.68.
RSI…
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